Updated Oct 28, 2024
GF Real Estate Acquires Industrial Property In Montgomery, TX From TX Iron Works
15030 Liberty Street, Montgomery, TX 77356
Building Size
30,000 SF
Asset Type
Industrial
Closing
Dec 1, 2021
About this deal
AI
The industrial property located at 15030 Liberty St in Montgomery, TX has been recently sold. The property spans over 4 acres and offers a total area of 30,000 square feet. The transaction took place on 12/01/2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 15030 Liberty St, Montgomery, TX
- Market: Montgomery, TX
- Property Size: 4 acres
- Property Area: 30,000 square feet
The buyer of the property is GF Real Estate, while the seller is TX Iron Works. The transaction was facilitated by Patrick McKiernan and William Byrd from First Houston Properties acting as brokers for both parties.
Players
Montgomery Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas industrial sales on Traded.
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