Updated Oct 29, 2024
Adkisson Group Sells Industrial Property In Missouri City To Buyer's Rep Sam Chang
13744 Pike Road, Missouri City, TX 77489, USA
Building Size
15,525 SF
Asset Type
Industrial
Closing
Mar 26, 2021
About this deal
AI
The industrial property located at 13744 Pike Road in Missouri City has been sold in a recent transaction. The property spans across 15,525 square feet and is situated in a desirable market.
Summary of transaction details:
- Property Type: Industrial
- Date of Sale: 03/27/2021
- Seller: Adkisson Group
- Seller's Representative: Travis Land & AJ Williams - NAI Partners
- Buyer's Representative: Sam Chang - Henry S. Miller
The sale of this industrial property was facilitated by Travis Land and AJ Williams from NAI Partners who represented the seller, Adkisson Group. On the buyer's side, Sam Chang from Henry S. Miller acted as their representative in the transaction.
On the Map
Industrial
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Players
Missouri City 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