SOLDIndustrial
Taylor Schmidt Of Lee & Associates Sells 28,200 SF Industrial Property In Brookshire
33977 Hoff Road, Brookshire, TX 77423
Building Size
28,200 SF
Asset Type
Industrial
Closing
Aug 14, 2020
AI
A 28,200 square foot industrial property located at 33977 Hoff Road in Brookshire has been sold. The transaction took place on August 14, 2021, and the sale was facilitated by Taylor Schmidt from Lee & Associates.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
Taylor Schmidt from Lee & Associates represented the interested parties in this sale.
Players
Brookshire 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