Leon Capital Acquires Industrial Property In Fort Worth From Wayne And Bonnie Corbell
3601 Conway Street, Fort Worth, TX 76111
Building Size
81,718 SF
Asset Type
Industrial
Closing
Sep 2, 2021
AI
The industrial property located at 3601 Conway St in Fort Worth has been sold in a recent transaction. The property spans 81,718 square feet, making it a significant asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Date: 09/02/2021
- Address: 3601 Conway St
- Market: Fort Worth
Leon Capital acquired the property from the sellers, Wayne Corbell and Bonnie Corbell. Stream Realty Partners represented the buyer in the deal and their team included James Mantzuranis, Adam Jones, Seth Koschak, and Forrest Cook.
Players
Fort Worth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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