Updated Dec 4, 2024
Hamza Haneef Acquires Industrial Property In Houston With John Baddour As The Broker
5902 Allday Drive
Building Size
19,600 SF
Asset Type
Industrial
Closing
Mar 28, 2024
About this deal
AI
The industrial property located at 5902 Allday Drive in Houston, spanning 19,600 square feet, was the subject of a recent transaction. John Baddour from HighStreet Net Lease Group facilitated the sale between the buyer, Hamza Haneef, and the seller, Judy Krehel.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Provided
- Address: 5902 Allday Drive
- Market: Houston
- Buyer: Hamza Haneef
- Seller: Judy Krehel
- Broker: John Baddour - HighStreet Net Lease Group
This transaction involved the sale of an industrial property in Houston, with John Baddour representing the HighStreet Net Lease Group as the broker. The deal was completed between Hamza Haneef, the buyer, and Judy Krehel, the seller.
On the Map
Industrial
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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