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Leo Addimando Of Alterra IOS Acquires 3.7 Acre Industrial Facility In Houston
SOLD
Texas
See Similar DealsIndustrial
Sold 07/23/2025
SOLD
Leo Addimando Of Alterra IOS Acquires 3.7 Acre Industrial Facility In Houston
1960 South Starpoint Drive
See Similar DealsIndustrial
Sold 07/23/2025
Summary
TEXAS
Asset Type:Industrial
Transaction Type:Sale
Alterra IOS acquired a 3.7-acre industrial outdoor storage facility located at 1960 South Starpoint Drive in the Houston market. The site includes two warehouses totaling 17,880 square feet and is fully leased, with proximity to George Bush International Airport.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 1960 South Starpoint Drive
- Market: Houston
- Acres: 3.7
- Buyer: Leo Addimando - Alterra IOS
- Broker: Jack Zalta & Emil Shabot - KSR NY
Jack Zalta of KSR NY brokered the deal, representing the buyer. The seller's identity and the transaction price remain undisclosed.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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