3228 Halifax, L.P. Acquires Industrial Property In East Fort Worth For $10,000 Per SF
3020 Wichita Ct, Fort Worth, TX 76140, USA
Building Size
10,000 SF
Asset Type
Industrial
Closing
Jun 8, 1920
AI
The industrial property located at 3020 Wichita Court in East Fort Worth has been sold. The property was purchased by 3228 Halifax, L.P. The sale was facilitated by brokers T. Weldon Davis from Focus Service Group, Inc. and Jeff Rein from Stream Realty Partners.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $10,000 per square foot
Wireline Properties LLC, represented by Andy Pearce, acted as the seller in the transaction. The property, situated in East Fort Worth, was sold to 3228 Halifax, L.P., with the assistance of brokers T. Weldon Davis from Focus Service Group, Inc. and Jeff Rein from Stream Realty Partners.
Fort Worth 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