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13419 US Route 290, Manor, ...

Updated Oct 28, 2024

The Dobie Company, LLC Acquires Industrial Property In Manor
SOLDIndustrial

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.

On the Map

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Industrial

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Players

Ryan McCullough

Partners Real Estate

Broker

6 deals

Broker
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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

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