Updated Oct 28, 2024
2407 Wilson LLC Acquires Industrial Property In Humble From R.B. Machine Works
2407 Wilson Road, Humble, Texas 77396, United States
Building Size
48,000 SF
Asset Type
Industrial
Closing
May 18, 2022
About this deal
AI
An industrial property located at 2407 Wilson Road in Humble has been sold. The property spans 48,000 square feet and sits on 3.26 acres. The transaction took place on May 19, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 2407 Wilson Road
- Market: Humble
- Square Footage: 48,000
- ACRES: 3.26
The buyer of the property is 2407 Wilson LLC, while the seller is R.B. Machine Works. Representing the buyer in this transaction is Patrick Swint from Knightsbridge Ventures. Tom Condon, Jr. from Colliers acted as the seller's representative.
On the Map
Industrial
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Players
Humble 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