Updated Oct 28, 2024
CanTex Capital Sells Industrial Property In Cedar Hill For $Undisclosed Price With Seller's Rep Trinity Southwest Commercial Real Estate
1540 High Meadows Way, Cedar Hill, Texas 75104, United States
Building Size
51,110 SF
Asset Type
Industrial
Closing
Jun 5, 2022
About this deal
AI
Located at 1540 High Meadows Way in Cedar Hill, this industrial property spans over 51,110 square feet. The transaction took place on June 6, 2022, with CanTex Capital as the seller. The property falls under the market of Cedar Hill.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1540 High Meadows Way, Cedar Hill
- Market: Cedar Hill
- Square Footage: 51,110
Representing the seller, CanTex Capital, in this transaction are Patrick Hunt and Cullen Finnegan of Trinity Southwest Commercial Real Estate.
Players
Cedar Hill 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