Updated Oct 29, 2024
BCORE Storage Jennetta LP Acquires Industrial Property In Rosenberg From Seller Diehl Investments II LP
3619 Avenue H, Rosenberg, TX, USA
Building Size
44,718 SF
Asset Type
Industrial
Closing
Jan 11, 2021
About this deal
AI
3619 Avenue H, a 44,718 square foot industrial property located in Rosenberg, was recently sold by Diehl Investments II LP to BCORE Storage Jennetta LP. The transaction took place on January 12, 2021, with a total of 335 units involved. The asset was represented by brokers Bill Bellomy and Michael Johnson from Bellomy & Co.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3619 Avenue H
- Market: Rosenberg
- Square Footage: 44,718
- Units: 335
The sale of 3619 Avenue H in Rosenberg involved the transfer of ownership from Diehl Investments II LP to BCORE Storage Jennetta LP. Bill Bellomy and Michael Johnson, representing Bellomy & Co, played a crucial role in facilitating the transaction.
Players
Rosenberg 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