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10165 Harwin Drive, Houston...

PHP Capital Partners Acquires Industrial Property In Houston From Partners Capital
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

Cary Latham

Stream Realty Partners⁠

Broker

$8.2M

vol

13 deals

Broker
Capital Partners
Capital PartnersBuyer
S3 Capital
S3 CapitalSeller

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