Moody Rambin Brokers Facilitate Sale Of 33,000 SF Industrial Property In Houston
301 Bennington Street, Houston, TX, USA
Building Size
33,000 SF
Asset Type
Industrial
Closing
Nov 3, 2020
AI
Industrial property with a size of 33,000 square feet located at 301 Bennington Street in Houston was sold recently. The transaction took place on November 4, 2020. The property was represented by brokers Jim Autenreith and Stephen Ghedi from Moody Rambin.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Market: Houston
- Address: 301 Bennington Street
- Brokers: Jim Autenreith & Stephen Ghedi - Moody Rambin
The deal was facilitated by Jim Autenreith and Stephen Ghedi, who are representatives from Moody Rambin. The exact transaction amount was not disclosed.
Players
Houston 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