SOLDIndustrial
Georgia Underground & Supply Acquires Industrial Property In Dallas From JP Oil Holdings
3801 Arapaho Rd Addison, Tx 75001, Usa
Building Size
74,031 SF
Asset Type
Industrial
Closing
May 27, 2023
AI
The industrial property located at 3801 Arapaho in Dallas has been sold. The property spans approximately 74,031 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3801 Arapaho
- Market: Dallas
- Buyer: Georgia Underground & Supply
- Seller: JP Oil Holdings
- Buyer's Representative: Jeremy Mercer & Keenan Cook - Mercer Company
- Seller's Representative: Mac Morse & Paul Clarkson - Citadel Partners
The buyer's representative in this transaction is Jeremy Mercer and Keenan Cook from Mercer Company, while the seller's representative is Mac Morse and Paul Clarkson from Citadel Partners.
Players
Texas 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