Updated Oct 28, 2024
Realterm Acquires Industrial Property On N. Beach St In Roanoke From Hillwood - Fred Balda
15501 North Beach Street, Roanoke, Texas 76262, United States
Building Size
—
Asset Type
Industrial
Closing
May 15, 2022
About this deal
AI
The industrial property located at 15501 N. Beach St in Roanoke has been sold by Hillwood, with the representative being Fred Balda, to Realterm. The property spans over 63.7 acres, making it a sizable asset. The transaction took place on May 16, 2022. The property is situated in a lucrative market, providing ample opportunities for industrial growth.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 15501 N. Beach St
- Market: Roanoke
- Acreage: 63.7 acres
The deal's key individuals and companies involved in the transaction include Realterm as the buyer, Hillwood as the seller, and Fred Balda serving as Hillwood's representative. The presence of Amazon as a tenant adds further value to the property, considering the reputation and influence of the company in the industrial sector.
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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