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430 East Helms Road, Housto...

Updated Sep 9, 2024

Belvoir Real Estate Group Facilitates Sale Of Industrial Property On E. Helms Road In Houston
SOLDIndustrial

Belvoir Real Estate Group Facilitates Sale Of Industrial Property On E. Helms Road In Houston

430 East Helms Road, Houston, TX 77037, USA

Building Size

36,000 SF

Asset Type

Industrial

Closing

Oct 2, 2021

About this deal

AI

The industrial property located at 430 E. Helms Road in Houston has been sold. The transaction took place on October 2, 2021, and the property spans across 36,000 square feet. The image associated with this property sale was captured by Kyle Fischer.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Market: Houston
  • Address: 430 E. Helms Road
  • Image: Kyle Fischer

The sale was facilitated by Kyle Fischer of Belvoir Real Estate Group, who represented the parties involved in the transaction.

Players

Kyle Fischer

Alpine Partners

Broker

$2.1M

vol

16 deals

Broker

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

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