Updated Nov 28, 2024
Bridgewell Clear Lake, LLC Acquires Industrial Property In Webster, TX
15502 Highway 3, Webster, TX 77598
Building Size
149,305 SF
Asset Type
Industrial
Closing
Jan 30, 2022
About this deal
AI
A 149,305 square foot industrial property located at 15502 Highway 3 in Webster, TX has been sold. The transaction took place on January 31, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 15502 Highway 3, Webster, TX
- Market: Webster, TX
- Image: Cary Latham, Andrew Pappas & Josh Lass-Sughrue
The buyer of the property is Bridgewell Clear Lake, LLC, while Partners Capital - Andrew Pappas acted as the seller. The transaction was facilitated by Cary Latham & Josh Lass-Sughrue from NAI Partners.
Players
Webster 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