Kiss Investments LLC Sells 5-Acre Industrial Property In Tomball For $UNDISCLOSED
11633 Spring Cypress Rd, Tomball, TX, USA
Building Size
62,038 SF
Asset Type
Industrial
Closing
Sep 28, 2021
AI
Located at 11633 Spring Cypress Rd in Tomball, this industrial property spans 5 acres and offers a total square footage of 62,038. The transaction took place on September 29, 2021.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: Not Provided
- Market: Tomball
- Address: 11633 Spring Cypress Rd
- Acres: 5
- Square Footage: 62,038
The seller of this property, located at 11633 Spring Cypress Rd in Tomball, was Kiss Investments LLC. The transaction was facilitated by Nick Spearman of Belvoir Real Estate Group.
Players
Tomball 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