Updated Oct 29, 2024
Crow Holdings Industrial Acquires 34.3 Acre Industrial Development Site In Stafford
13223 Murphy Road, Stafford, TX 77477
Building Size
311,205 SF
Asset Type
Industrial
Closing
Oct 11, 2020
About this deal
AI
A 34.3-acre industrial development site located at 13223 Murphy Road in Stafford has been sold. The transaction took place on October 12, 2020. The property was purchased by Crow Holdings Industrial. The site is situated in the Stafford market.
Summary of transaction details
- Property Type: Industrial Development Site
- Transaction Date: 10/12/2020
- Address: 13223 Murphy Road
- Market: Stafford
- Acres: 34.3
Barkley Peschel and Jason Scholtz from Colliers International represented the seller in the transaction. Cory Driskill and Travis Covington from Crow Holdings Industrial acted as the buyer's representatives.
On the Map
Industrial
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Players
Stafford 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