Finial Investments Acquires Property On Blue Bell Rd In Houston For $23,750 With Doc Perrier As Buyer's Rep
203 Blue Bell Rd, Houston, TX, 77037
$23,750
Building Size
—
Asset Type
Industrial
Closing
Oct 18, 2019
AI
Finial Investments has acquired an industrial building located at 203 Blue Bell Road in Houston, Texas. The property was sold for $23,750.00 and has a square footage of 23,750. It was fully leased at the time of the sale to ACE Steel Supply.
Summary of transaction details:
- Property Type: Industrial Building
- Transaction Amount: $23,750.00
- Address: 203 Blue Bell Rd, Houston, TX, 77037
- Market: Houston
- Buyer: Finial Investments
- Buyer's Representative: Doc Perrier (Finial Group)
- Seller: Disclosed
Doc Perrier of Finial Group represented Finial Investments in this transaction, indicating an internal handling of the deal. The seller of the property has not been disclosed in this transaction.
Players
Houston 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
667.92%
Cash-on-Cash
-190.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93