Updated Jul 2, 2026
SOLDIndustrial
Chris Turner & Patrick McKiernan Sell Industrial Property On 32 Acres In Conroe To Omega Morgan
16525 Old Houston Road
Building Size
20,000 SF
Asset Type
Industrial
Closing
Jun 16, 2026
About this deal
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Industrial
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Conroe 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