Updated Oct 29, 2024
Chamberlin Houston LLC Acquires Industrial Property On Langfield Rd In Houston
4545 Langfield Rd, Houston, TX, 77040
Building Size
71,566 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
The industrial property located at 4545 Langfield Road in northwest Houston has been sold. The property spans 71,566 square feet and features 26-foot ceiling heights along with 15 dock-high doors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 4545 Langfield Rd, Houston, TX, 77040
- Market: Houston
- Seller's Reps: Kyle Golding (CBRE), William Rudolf (CBRE)
- Buyer: Chamberlin Houston LLC
Kyle Golding and William Rudolf from CBRE represented the seller, Hs-Tucson Az LLC, in the transaction. The buyer of the property was Chamberlin Houston LLC.
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