Updated Dec 4, 2024
304 Wilson LLC Acquires 11,475 Square Foot Industrial Building From Chosen Properties LLC In Humble
304 Wilson Road
Building Size
11,475 SF
Asset Type
Industrial
Closing
Sep 4, 2024
About this deal
AI
The transaction involved the sale of an industrial property located at 304 Wilson Road in Humble, Houston, with a total square footage of 11,475. The asset was sold by Chosen Properties LLC to 304 Wilson LLC.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 304 Wilson Road
- Market: Humble
- Buyer: 304 Wilson LLC
- Seller: Chosen Properties LLC
- Brokers: Darren O’Conor, Hunter Stockard & Wyatt Huff - Partners Real Estate
Partners Real Estate facilitated this transaction, with Darren O’Conor representing the buyer, 304 Wilson LLC, while Wyatt Huff and Hunter Stockard represented the seller, Chosen Properties LLC.
On the Map
Industrial
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Players
Humble 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