Updated Sep 9, 2024
NAI Partners Brokers Facilitate Sale Of Industrial Property In Houston
3815 Hollister Street, Houston, TX 77080
Building Size
30,194 SF
Asset Type
Industrial
Closing
May 27, 2020
About this deal
AI
An industrial property located at 3815 Hollister St in Houston was recently sold. The transaction took place on 05/27/2021 and was facilitated by NAI Partners brokers Michael Keegan and Andrew Laycock. The property spans 30,194 square feet and sits on 5 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3815 Hollister St, Houston
- Market: Houston
- Square Footage: 30,194
- Acres: 5
Michael Keegan and Andrew Laycock, representing NAI Partners, played a significant role in facilitating the sale of this industrial property.
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