Jaguar Commercial Properties Acquires Industrial Property In Humble From R.B. Machine Works
2413 Wilson Road, Humble, Texas 77396, United States
Building Size
24,000 SF
Asset Type
Industrial
Closing
Jan 6, 2022
AI
A 24,000 square foot industrial property located at 2413 Wilson Road in Humble has been sold in a recent transaction. The property, situated on 7.24 acres, was part of a sale finalized on January 6, 2022. The transaction was facilitated by Chase McAteer from Oxford Partners, representing the buyer Jaguar Commercial Properties, and Tom Condon, Jr. from Colliers, representing the seller R.B. Machine Works, owned by Roger ‘Bo’ Bethune.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Humble
- Address: 2413 Wilson Road
- Property Size: 7.24 acres
- Square Footage: 24,000
The buyer, Jaguar Commercial Properties, acquired the industrial property from the seller, R.B. Machine Works. Chase McAteer from Oxford Partners represented Jaguar Commercial Properties in the transaction, while Tom Condon, Jr. from Colliers acted as the representative for R.B. Machine Works. Additional details regarding the sale, such as the purchase price, were not disclosed.
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