Updated Oct 28, 2024
The Dobie Company, LLC Acquires Industrial Property In Manor
13419 US Route 290, Manor, Texas 78653, United States
Building Size
20,500 SF
Asset Type
Industrial
Closing
Mar 7, 2022
About this deal
AI
The industrial property located at 13419 US HWY 290 in Manor has been sold. The property spans an area of 20,500 square feet and sits on 10 acres, making it suitable for industrial use. The transaction took place on 03/08/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 13419 US HWY 290, Manor
- Market: Manor
- Square Footage: 20,500 SF
- Acres: 10
The buyer of the property is The Dobie Company, LLC, while the seller is Manor Business Center LTD. The deal was facilitated by brokers Tyler Jaynes and Ryan McCullough from NAI Partners.
Players
Manor 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