Updated Oct 29, 2024
Houston Badminton Center Acquires Industrial Facility In Houston From LHI
12233 Robin Boulevard
Building Size
23,870 SF
Asset Type
Industrial
Closing
Mar 20, 2023
About this deal
AI
The Houston Badminton Center, LLC has purchased a ± 24,175 SF industrial facility located at 12233 Robin Boulevard in Houston, Texas. The property sits on ± 1.995 acres and is situated in the industrial market of Houston.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 24,175 SF
- Address: 12233 Robin Boulevard, Houston, Texas
- Market: Houston
In the transaction, the buyer, Houston Badminton Center, LLC, was represented by John Saucer and Will Murchison of Junction Commercial Real Estate. The seller of the property was LHI. The involvement of John Saucer and Will Murchison from Junction Commercial Real Estate helped facilitate the successful purchase of the industrial facility by Houston Badminton Center, LLC.
On the Map
Industrial
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Players
Market 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