Updated Dec 20, 2023
Fort Capital Acquires Industrial Property In Houston With Jason Baxter
12634 Haynes Road, Houston, Texas 77066, United States
Building Size
322,475 SF
Asset Type
Industrial
Closing
Feb 21, 2022
About this deal
AI
The industrial property located at 12634 Haynes Road & 9801-9811 Harwin Dr in Houston has been sold in a recent transaction. The property spans approximately 322,475 square feet and falls under the asset type of Industrial.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Date: 02/22/2022
- Market: Houston
- Buyer: Fort Capital - Jason Baxter
The buyer for this transaction is Fort Capital, represented by Jason Baxter. Additional information about the deal, such as the sale price, loan amount, and other key individuals involved, is not available.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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