Larry Robbins & Jim Montgomery Acquire 36,000 SF Industrial Property In Dallas
2703 Chalk Hill Road
Building Size
36,000 SF
Asset Type
Industrial
Closing
Dec 27, 2022
AI
The industrial property located at 2703 Chalk Hill Road in Dallas has recently been sold. The transaction took place on December 27, 2022. The property spans approximately 36,000 square feet and is situated in the Dallas market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 2703 Chalk Hill Road
- Market: Dallas
- Size: 36,000 square feet
The sale of this industrial property was facilitated by two brokers. Larry Robbins from Capstone Commercial and Jim Montgomery from Swearingen Co. represented the parties involved in the transaction.
Players
Dallas 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