Updated Jan 8, 2025
Nathan Berrett Acquires Industrial Asset At 10015 Windfern Road From Rene Gonzalez
10015 Windfern Road
Building Size
5,600 SF
Asset Type
Industrial
Closing
Dec 20, 2024
About this deal
AI
The property at 10015 Windfern Road, located in the Houston market, is classified as an industrial asset with a total square footage of 5,600. This property was part of a sale transaction involving key parties that facilitated the exchange.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 10015 Windfern Road
- Market: Houston
- Buyer: Nathan Berrett
- Seller: Rene Gonzalez
- Brokers: William Byrd, Steven O'Connor - PrinGroup Commercial; Andrew Murphy - PF Properties LLC
This transaction included Nathan Berrett as the buyer and Rene Gonzalez as the seller, with representation from brokers William Byrd and Steven O'Connor, who are affiliated with PrinGroup Commercial, along with Andrew Murphy from PF Properties LLC representing in the deal.
On the Map
Industrial
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Players
Houston Industrial Market Snapshot
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