SOLDIndustrial
PHP Capital Partners Acquires Industrial Property In Houston From Partners Capital
10165 Harwin Drive, Houston, TX 77036
Building Size
145,915 SF
Asset Type
Industrial
Closing
Oct 20, 2021
AI
A 145,915 square foot industrial property located at 10165 Harwin Dr in Houston has been sold in a recent transaction. The sale was completed on 10/20/2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Houston
- Address: 10165 Harwin Dr
- Buyer: PHP Capital Partners
- Seller: Partners Capital
- Brokers: Cary Latham, Wyatt Huff, & Josh Lass-Sughrue - NAI Partners
Cary Latham, Wyatt Huff, and Josh Lass-Sughrue from NAI Partners represented the buyer, PHP Capital Partners, and facilitated the sale of the industrial property.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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