SOLDIndustrial
Stratiq Capital Acquires Industrial Property On Shepherd Drive In Houston
1219 Shepherd Drive, Houston, Texas 77007, United States
Building Size
15,000 SF
Asset Type
Industrial
Closing
Mar 22, 2022
AI
An industrial property located at 1219 Shepherd Drive in Houston has been sold. The property spans 15,000 square feet and was sold by 1219 Shepherd, LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 1219 Shepherd Drive
- Market: Houston
- Buyer: Stratiq Capital - Stephen Edworthy
- Seller: 1219 Shepherd, LLC
The buyer in this transaction is Stratiq Capital, represented by Stephen Edworthy. No additional details about the sale, such as the purchase price, were provided.
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