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2413 Wilson Road, Humble, T...

Jaguar Commercial Properties Acquires Industrial Property In Humble From R.B. Machine Works
SOLDIndustrial

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

Tom Condon Jr.

Colliers

Broker

24 deals

Broker
RW
R.B. Machine WorksSeller

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