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9404 Zaka Road

BEB Capital Provides $2.8M Acquisition Loan For Industrial Property At 9404 Zaka Road In Houston, TX
FINANCEDIndustrial

BEB Capital Provides $2.8M Acquisition Loan For Industrial Property At 9404 Zaka Road In Houston, TX

9404 Zaka Road

$2,800,000

$73/SF

Building Size

37,981 SF

Asset Type

Industrial

Closing

Dec 14, 2023

AI

An industrial property located at 9404 Zaka Road in Houston, TX has recently undergone a closed transaction. The property spans an area of 37,981 square feet, making it suitable for various industrial operations.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,800,000
  • Address: 9404 Zaka Road, Houston, TX

BEB Capital, represented by Sean Silverbrook, Keyvan Ghaytanchi, and Lee Brodsky, provided a loan amount of $2,800,000 for the acquisition of this industrial property. The loan, categorized as an acquisition loan, has facilitated the purchase and expansion of the property.

BEB Capital actively lends to sponsors of value-add industrial properties throughout Texas, as stated by the company. This loan represents their continued involvement in supporting and financing the growth of industrial projects in the region.

Players

Sean Silverbrook

BEB Capital

Lender

$71.9M

vol

15 deals

Lender
BEB Capital
BEB Capital Lender

Houston Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93