Updated Oct 29, 2024
All Industrial Electrical Supply Acquires Warehouse In Houston For $ Undisclosed
2614 Carrolton Street, Houston, TX, USA
Building Size
10,800 SF
Asset Type
Industrial
Closing
Mar 12, 2021
About this deal
AI
The recently closed property transaction in Houston involved a warehouse located at 2614 Carrolton Street. This warehouse spans approximately 10,800 square feet and was sold on March 13, 2021. The property was purchased by All Industrial Electrical Supply.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: Not specified
- Seller: F.& J. Crowley
- Buyer: All Industrial Electrical Supply
- Seller's Representative: Jay Shaw - Shaw Real Estate
- Buyer's Representative: Ed A. Ayres - Houston Realty Advisory, Inc
Jay Shaw, from Shaw Real Estate, represented the seller, F.& J. Crowley throughout the transaction, while Ed A. Ayres, from Houston Realty Advisory, Inc, acted as the buyer's representative. However, no further details regarding the transaction amount or any other additional information are available.
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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