Taurus Investment Holdings Acquires Industrial Portfolio In Carrollton & Irving With Peter Merrigan, Lathan Allen & William Garey
2425 Camp Ave Carrollton, TX 75006, USA
Building Size
589,837 SF
Asset Type
Industrial
Closing
Aug 15, 2023
AI
An industrial property located at 2425 Camp Avenue, 1400 Hutton Drive, Carrollton 1410 Dunn Drive, 2301 Crown Court, 2700 Story Road West, and 2800 Story Road West in Carrollton and Irving has been sold. The property spans a total of 589,837 square feet.
Summary of transaction details
- Property Type: Industrial
- Square Footage: 589,837
- Address: 2425 Camp Avenue, 1400 Hutton Drive, Carrollton 1410 Dunn Drive, 2301 Crown Court, 2700 Story Road West, and 2800 Story Road West
- Market: Carrollton & Irving
The buyer, Taurus Investment Holdings, represented by Peter Merrigan, Lathan Allen & William Garey, has acquired the property.
Players
Market 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