Updated Oct 28, 2024
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
About this deal
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.
Traded’s record for 1219 Shepherd Drive, Houston, Texas 77007, United States in Houston, Texas covers a industrial sale from 2022. The building is 15,000 square feet, implying about 0 per square foot on the published price. Named participants on the 1219 Shepherd Drive, Houston, Texas 77007, United States sale are Stephen Edworthy. This page is the Houston, Texas file for the 1219 Shepherd Drive, Houston, Texas 77007, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else sold near 1219 Shepherd Drive, Houston, Texas 77007, United States around 2022. Cite this Stratiq Capital Acquires Industrial Property On Shepherd Drive In Houston sale when underwriting similar industrial product around Houston, Texas.
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