Malabar Hill Capital Acquires Development Site In Seguin From Gordon Hartman
Waters Edge Drive
Building Size
226,512 SF
Asset Type
Development Site
Closing
Nov 11, 2025
AI
The asset involved in this transaction is a development site located at the southeast corner of Waters Edge Drive and Highway 46 in Seguin. The total square footage of the site is 226,512. This property is part of a market environment conducive to development projects.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: SEC of Waters Edge Dr and Highway 46
- Market: Seguin
- Buyer: Malabar Hill Capital
- Seller: Gordon Hartman
- Broker: Austin Aguilar - Resolut Re
The transaction highlights key players in the deal where Malabar Hill Capital acquired the development site from Gordon Hartman, facilitated by broker Austin Aguilar from Resolut Re, representing Gordon Hartman in this transaction.
Players
Luling Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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