Updated Jul 17, 2025
James Mashni & Patrick McKiernan Of First Houston Properties Facilitates Sale Of 12,071 SF Industrial Asset In Houston
3807 Oates Road
Building Size
12,071 SF
Asset Type
Industrial
Closing
May 31, 2025
About this deal
AI
The property asset involved in the transaction is located at 3807 Oates Road in Houston. This industrial asset encompasses 12,071 square feet of space and is set on a site measuring 5.15 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3807 Oates Road
- Market: Houston
- Asset Size: 12,071 SF
- Land Area: 5.15 Acres
James Mashni and Patrick McKiernan of First Houston Properties are the brokers involved in this transaction, representing the seller in the deal.
On the Map
Industrial
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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