Updated Oct 28, 2024
Eustler Technical Products Acquires Industrial Property In Houston For $Undisclosed
3724 Creekmont Drive, Houston, TX 77091, USA
Building Size
23,000 SF
Asset Type
Industrial
Closing
Nov 1, 2021
About this deal
AI
Eustler Technical Products has acquired an industrial property in Houston. Located at 3724 Creekmont Dr, the property spans 23,000 square feet. The transaction took place on November 1, 2021.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3724 Creekmont Dr
- Market: Houston
- Square Footage: 23,000
The seller's representatives, James Kadlick and Harrison Kane of Rockspring Properties, facilitated the transaction. Russell Simmons, representing Texas Area Properties, acted as the buyer's representative.
Traded’s record for 3724 Creekmont Drive, Houston, TX 77091, USA in Houston, Texas covers a industrial sale from 2021. The building is 23,000 square feet, implying about 0 per square foot on the published price. Russell Simmons, James Kadlick, Harrison Kane, Colliers appear on the sale alongside Colliers. This page is the Houston, Texas file for the 3724 Creekmont Drive, Houston, TX 77091, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else sold near 3724 Creekmont Drive, Houston, TX 77091, USA around 2021. Cite this Eustler Technical Products Acquires Industrial Property In Houston For $Undisclosed sale when underwriting similar industrial product around Houston, Texas.
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