SOLDIndustrial
ED Produce Acquires Industrial Property In Houston For 11,880 SF
1302 Boyles Street, Houston, TX 77020, USA
Building Size
11,880 SF
Asset Type
Industrial
Closing
Jun 6, 2020
AI
ED Produce has purchased an industrial property located at 1302 Boyles Street in Houston. The property spans 11,880 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1302 Boyles Street
- Market: Houston
- Buyer: ED Produce
The acquisition of this industrial property was facilitated by brokers Michael Keegan and Andrew Laycock from NAI Partners.
Players
Houston 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