facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

17309 Hufsmith Kohrville Ro...

First Houston Properties And Lee And Associates Facilitate $2.4M Sale Of 18,000 SF Industrial Property In Tomball
SOLDIndustrial

First Houston Properties And Lee And Associates Facilitate $2.4M Sale Of 18,000 SF Industrial Property In Tomball

17309 Hufsmith Kohrville Road, Tomball, Texas 77375, United States

Building Size

18,000 SF

Asset Type

Industrial

Closing

Jun 29, 2022

AI

Located in Tomball, Texas, an industrial property has recently been sold. The property, situated at 17309 Hufsmith - Kohrville Rd, spans an area of 18,000 square feet. The sale transaction took place on June 30, 2022, handled by brokers James Mashni and Patrick McKiernan from First Houston Properties, along with Patrick Wolford from Lee and Associates. The property was listed with an asking price of $2,400,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,400,000
  • Address: 17309 Hufsmith - Kohrville Rd, Tomball
  • Market: Tomball
  • Square Footage: 18,000

The successful sale of the industrial property showcases the expertise and dedication of brokers James Mashni, Patrick McKiernan, and Patrick Wolford. James Mashni and Patrick McKiernan represent First Houston Properties, while Patrick Wolford is associated with Lee and Associates. With their knowledge of the market and negotiation skills, they facilitated the transaction, ensuring a smooth process for all parties involved.

Players

Patrick McKiernan

First Houston Properties

Broker

$9M

vol

39 deals

Broker

Tomball Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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