Updated Dec 4, 2024
Metro Trailer Acquires 3.2M SF Industrial Property In Rhome, Texas
0 Highway 287
Building Size
3,267,000 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
Metro Trailer has acquired a 3,267,000 square foot industrial property located at 0 Highway 287 in Rhome, TX. The transaction took place on November 20, 2023. The property is situated on a 75-acre tract of land in Wise County, Texas.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 0 Highway 287, Rhome, TX
- Market: Rhome, TX
- Buyer: Metro Trailer
- Seller: Deborah Atchley
The buyer was represented by Chris Wong from Bradford Commercial Real Estate Services.
On the Map
Industrial
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Boundary boundary · Industrial · 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