SOLDDevelopment Site
Windhaven Investments LLC Acquires Development Site In Euless From Clubwise Finance LP
Building Size
—
Asset Type
Development Site
Closing
Apr 19, 2024
AI
A 10-acre industrial development site near Dallas-Fort Worth International Airport in Euless has been sold from Clubwise Finance LP to Windhaven Investments LLC. The exact sale price remains undisclosed.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Date: 04/19/2024
- Address: 3300 FM 157
- Market: Euless
Younger Partners facilitated the transaction, with John St. Clair and Luke Nolan representing the buyer, Windhaven Investments LLC, and the seller, Clubwise Finance LP.
Market Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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