Updated Dec 4, 2024
Partners Real Estate Represents Sale Of 107,560 SF Industrial Facility In Weslaco
2300 Vo Tech Drive
Building Size
107,560 SF
Asset Type
Industrial
Closing
Jan 30, 2024
About this deal
AI
An industrial facility spanning 107,560 square feet has been sold in Weslaco. The property, located at 2300 Vo Tech Drive, sits on 21 acres of land. It features 16-foot clear heights and 15 dock-high doors. The transaction date was January 30, 2024.
Summary of transaction details
- Property Type: Industrial
- Square Footage: 107,560
- Acres: 21
- Address: 2300 Vo Tech Drive, Weslaco
Partners Real Estate brokered the sale of the industrial facility. Gustavo Torres, representing the estate of Daniel E. Arnold, represented the seller. The buyer and the sales price for the property have not been disclosed.
On the Map
Industrial
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Weslaco 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