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3601 Conway Street, Fort Wo...

Leon Capital Acquires Industrial Property In Fort Worth From Wayne And Bonnie Corbell
SOLDIndustrial

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

Adam Jones

Stream Realty Partners⁠

Broker

$33.6K

vol

9 deals

Broker

Fort Worth 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