Updated Sep 11, 2026
Heights Auto Repair Acquires Industrial Property In Houston
4748 Sherwood Lane
Building Size
22,000 SF
Asset Type
Industrial
Closing
Mar 14, 2023
About this deal
AI
A 22,000 square foot industrial property located at 4748 Sherwood Lane in Houston has been sold. The property was purchased by Heights Auto Repair, represented by Alfredo Lopez from Alpine Partners. The seller was Wheels America.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 4748 Sherwood Lane, Houston
- Market: Houston
Heights Auto Repair, represented by Alfredo Lopez from Alpine Partners, acquired the industrial property located at 4748 Sherwood Lane in Houston. The seller, Wheels America, successfully closed the deal with the buyer.
Players
Market 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