facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

2600 East Elms Road

Capital Real Estate Investments Acquires Industrial Asset In Killeen From Jack Schubert
SOLDIndustrial

Capital Real Estate Investments Acquires Industrial Asset In Killeen From Jack Schubert

2600 East Elms Road

Building Size

27,500 SF

Asset Type

Industrial

Closing

Oct 17, 2024

AI

The property asset involved in this transaction is an industrial space located at 2600 East Elms Road in Killeen. The total square footage of the asset is 27,500. This acquisition adds to the strategic portfolio of Capital Real Estate Investments.

Summary of transaction details:

This transaction involved key representatives from both the buyer and seller sides. The buyer was represented by Troup Rolland, Matt Cooper, Blake Deer, and Carson Deer, all part of Capital Real Estate Commercial, while the seller was represented by Robert McGee and Austin Bartula from Lee & Associates. Their collaborative efforts contributed to the successful closing of this deal.

Players

Robert McGee

Colliers

Broker

$18M

vol

13 deals

Broker
Troup Rolland
Verified Badge

Troup Rolland

Capital Real Estate Commercial⁠

Broker

$8.2M

vol

26 deals

Broker

Killeen Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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