Updated Jan 30, 2024
Juan Alonso Sells Warehouse In Houston For $19.5M
3007 Crossview Dr, Houston, TX 77063, USA
Building Size
19,500 SF
Asset Type
Industrial
Closing
Aug 27, 2020
About this deal
AI
The warehouse located at 3007 Crossview Drive in Houston has been sold. The property spans a total area of 19,500 square feet. The seller, Juan Alonso, enlisted the services of Ashley Casterlin from Davis Commercial Real Estate as the broker for the transaction.
Summary of Transaction Details
- Property Type: Warehouse
- Transaction Amount: Not provided
- Address: 3007 Crossview Drive
- Market: Houston
- Seller: Juan Alonso
- Broker: Ashley Casterlin - Davis Commercial Real Estate
- Square Footage: 19,500
Ashley Casterlin, representing Davis Commercial Real Estate, played a crucial role in facilitating the sale of the warehouse at 3007 Crossview Drive in Houston.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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