Updated Oct 29, 2024
PDFE Vinyl LLC Acquires Property From SSR Holdings LLC At 1414 Sakowitz St Houston
1414 Sakowitz St, Houston, TX, 77020
Building Size
46,250 SF
Asset Type
Industrial
Closing
Jan 14, 2019
About this deal
AI
SSR Holdings LLC has sold an industrial building located at 1414 Sakowitz St, Houston, TX, 77020. The property, which has a square footage of 46,250, was built in 1974. The transaction occurred in the Houston market.
Summary of transaction details:
- Property Type: Industrial Building
- Transaction Amount: Not specified
- Address: 1414 Sakowitz St, Houston, TX, 77020
- Market: Houston
- Seller: SSR Holdings LLC
- Buyer: PDFE Vinyl LLC
- Seller's Representative: Chase Cribbs - Lee & Associates
- Buyer's Representative: Brandon Wuntch - Lee & Associates
Chase Cribbs and Robert McGee represented SSR Holdings LLC in the transaction, while Brandon Wuntch represented the buyer, PDFE Vinyl LLC. Both representatives are affiliated with Lee & Associates.
On the Map
Industrial
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Players
Houston 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