Updated Oct 29, 2024
SOLDIndustrial
FCA Purchases 19200 SF Property At 3511 Jensen Dr Houston With Rep Doyle Toups
3511 Jensen Dr, Houston, TX, 77026
Building Size
19,200 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
This transaction involved a property located at 3511 Jensen Dr, Houston, TX, 77026. The asset comprises a total area of 19,200 square feet and belongs to the Houston market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not specified
- Address: 3511 Jensen Dr, Houston, TX, 77026
- Market: Houston
- Buyer: FCA
- Buyer's Representative: Doyle Toups - Moody Rambin
The transaction exhibits representation by Doyle Toups of Moody Rambin, who acted on behalf of the buyer, FCA, during this deal.
Players
Houston 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