Matt Purchases Development Site From R.ali In Rosharon With Rep Imtiaz Ali Of KW Commercial
Fm 521
Building Size
439,956 SF
Asset Type
Development Site
Closing
Jan 6, 2025
AI
The property asset involved in this transaction is a development site located at Fm 521 in Rosharon. The site covers a total square footage of 439,956.0 and is categorized under development assets.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: Fm 521
- Market: Rosharon
- Seller: R.ali
- Buyer: Matt
- Seller's Representative: Imtiaz Ali (KW Commercial)
Imtiaz Ali from KW Commercial represented the seller, R.ali, in this transaction. The buyer of the property is identified as Matt, who is acquiring the development site in Rosharon.
Rosharon 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