Updated Feb 4, 2025
RRA Capital Provides $7.5 Million Loan For Industrial Asset At 11011 Sheldon Rd Houston
11011 Sheldon Rd. & 12307 W County Rd 125
$7,500,000
Building Size
—
Asset Type
Industrial
Closing
Apr 29, 2022
About this deal
AI
The asset involved in this transaction is an industrial property located at 11011 Sheldon Rd. in the Houston market. The transaction includes a loan amount of $7,500,000.00 associated with the property.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,500,000.00
- Loan Date: 04/29/2022
- Lender: RRA Capital
- Brokers: James Currell
This transaction features representation by James Currell, who facilitated the loan agreement with RRA Capital, serving as the broker in the deal without revisiting previously mentioned details.
The industrial loan at 11011 Sheldon Rd. in Houston, Texas financed for $7.5M in 2022. 11011 Sheldon Rd. is classified as Industrial on Traded. This page is the Houston, Texas file for the 11011 Sheldon Rd. industrial financed: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else financed near 11011 Sheldon Rd. around 2022. Published consideration for 11011 Sheldon Rd. is $7.5M, dated 2022. Cite this RRA Capital Provides $7.5 Million Loan For Industrial Asset At 11011 Sheldon Rd Houston loan when underwriting similar industrial product around Houston, Texas.
On the Map
$7,500,000
Industrial
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Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93