Finial Investments Acquires Property On Blue Bell Rd In Houston For $23,750 With Doc Perrier As Buyer's Rep
SOLD
$23,750
Texas
See Similar DealsIndustrial
Sold 10/18/2019
SOLD
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
See Similar DealsIndustrial
Sold 10/18/2019
Summary
TEXAS
Asset Type:Industrial
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$84.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$112.59
Annual Debt Service$1,351.05
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