RGH Real Estate Holdings Acquires Comfort Industrial Asset For $Undisclosed
1206 5th Street, Comfort, TX, USA & 1206 5th Street, Comfort, TX, USA
Building Size
824,000 SF
Asset Type
Industrial
Closing
Nov 18, 2020
AI
An industrial property located at 1206 5th Street in Comfort has been sold in a recent transaction. The property spans a total area of 412,000 square feet, making it a significant asset in the industrial sector. The sale took place on November 19, 2020, with the seller being WINRE LLC and the buyer identified as RGH Real Estate Holdings.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1206 5th Street
- Market: Comfort
- Square Footage: 412,000
Russell Noll from Transwestern represented the seller, WINRE LLC, in this deal. On the buyer's side, Jeremy Kelly and Lena Pierce from Stream Realty Partners Dallas, Mackenzie Ford from Stream Realty Partners OC, and Kevin Cosgrove from Stream Realty Partners Central TX provided representation.
Players
Comfort 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