Updated Oct 29, 2024
Lee & Associates Sells 36 Acre Industrial Property In Dallas/Fort Worth With Seller's Rep Jeremy Mojica & Nathan Denton
5581 E State Hwy 114 Rhome, TX 76078, USA
Building Size
—
Asset Type
Industrial
Closing
Aug 11, 2023
About this deal
AI
An industrial property located at 5581 East State Highway 114 in Dallas/Fort Worth has been sold. The property spans over 36 acres and was part of a recent transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 5581 East State Highway 114, Dallas/Fort Worth
- Market: Dallas/Fort Worth
- Acres: 36
Alex Wilson from Lee & Associates represented the buyer in this transaction. On the other hand, Jeremy Mojica and Nathan Denton, also from Lee & Associates, represented the seller.
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