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304 Wilson Road

304 Wilson LLC Acquires 11,475 Square Foot Industrial Building From Chosen Properties LLC In Humble
SOLDIndustrial

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

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.

Players

Darren O’Conor

Partners Real Estate

Broker

13 deals

Broker
NAI Global
NAI GlobalBrokerage

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