FINANCED
Northmarq's Matt Franke Arranges $5.5M Acquisition Loan For Houston Industrial Property
6410 Cavalcade Street, Houston, Texas
Industrial
72,649 SF
72,649 SF
Financed 1 year ago
Summary
Loan
TEXAS
Industrial
72,649 sqft
An industrial property located at 6410 Cavalcade St in Houston, with a total area of 72,649 square feet and sitting on 4.9 acres of land, was recently involved in a closed transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,500,000
- Loan Type: Acquisition Loan
- Loan Terms: five-year term and a 25-year amortization schedule
The transaction was facilitated by Matt Franke of Northmarq acting as the broker for the deal. The loan amount for the acquisition was $5,500,000, and the loan terms included a five-year term and a 25-year amortization schedule.
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Agents
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Agencies
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Details
FINANCED
IMAGE: Matt Franke
DATE: 01/19/2023
ADDRESS: 6410 Cavalcade St
MARKET: Houston
ASSET TYPE: Industrial ~ SF: 72,649 ~ ACRES: 4.9
BROKER: Matt Franke - Northmarq (@Northmarq)
LOAN AMOUNT: $5,500,000
LOAN TYPE: Acquisition Loan
LOAN TERMS: five-year term and a 25-year amortization scheduleView on map
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Address6410 Cavalcade Street, Houston, Texas
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