Updated Dec 4, 2024
History Maker Homes Acquires Development Site From Holigan Farms In Katy, Texas
28900 Stockdick Road
Building Size
—
Asset Type
Development Site
Closing
Oct 8, 2024
About this deal
AI
The transaction involved a development site located at 28900 Stockdick Road in the Katy market. The asset was exchanged between History Maker Homes, the buyer, and Holigan Farms, the seller. The transaction took place on October 8, 2024.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Buyer: History Maker Homes
- Seller: Holigan Farms
- Brokers: David Alexander & Josh Cheatham - Newcor Commercial Real Estate
David Alexander and Josh Cheatham represented the buyer and seller in this transaction, facilitating the deal in the commercial real estate sector.
On the Map
Development Site
View full map
Players
Katy Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse Katy development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93