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5998 Eden Drive, Haltom Cit...

MAG Capital Partners, LLC Sells Industrial Property On Eden Drive In Haltom City, Texas
SOLDIndustrial

MAG Capital Partners, LLC Sells Industrial Property On Eden Drive In Haltom City, Texas

5998 Eden Drive, Haltom City, Texas 76117, United States

Building Size

139,150 SF

Asset Type

Industrial

Closing

Aug 3, 2022

AI

MAG Capital Partners, LLC has sold an industrial property located at 5998 Eden Drive in Haltom City, Texas. The property spans a total of 139,150 square feet and sits on 7.25 acres of land. The transaction took place on August 4, 2022.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 5998 Eden Drive, Haltom City, Texas
  • Market: Haltom City, Texas
  • Size: 139,150 square feet
  • Acres: 7.25

The seller of the property was MAG Capital Partners, LLC, represented by Dax T.S. Mitchell. The deal was facilitated by Cody Payne from Colliers International.

Players

Cody Payne

Colliers

Broker

10 deals

Broker

Haltom City 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