SOLDIndustrial
Devon Gasaway & Peyton Easley Purchase Industrial Asset In Houston For $TBA
14830 Talcott Road
Building Size
108,600 SF
Asset Type
Industrial
Closing
Jun 28, 2024
AI
Located at 14830 Talcott Road in Houston, the industrial property spans 108,600 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Provided
- Buyer's Representatives: Devon Gasaway & Peyton Easley - Titan Commercial
- Seller's Representative: Mary Jo Giammalva - JPR Commercial
Peyton Easley and Devon Gasaway, from Titan Commercial, acted as the buyer's representatives in the transaction, while Mary Jo Giammalva, affiliated with JPR Commercial, represented the seller.
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