Updated Oct 29, 2024
600 Southwest Military Ltd Sells Property At 5999 W 34th St Houston With Rep Joshua Lass
5999 W 34th St, Houston, TX, 77092
Building Size
22,738 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is an industrial property located at 5999 W 34th St, Houston, TX, 77092. The property encompasses a total square footage of 22,738 and is situated within the Houston market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 5999 W 34th St, Houston, TX, 77092
- Square Footage: 22,738
- Buyer: Unknown
- Seller: 600 Southwest Military Ltd
- Buyer's Representatives: Justin Cole - Berkadia, Chase Cribbs - Lee & Associates
- Seller's Representatives: Joshua Lass-Sughrue, Jason Ridenbaugh - NAI Partners
Chase Cribbs and Justin Cole of Lee & Associates represented the undisclosed buyer in this industrial property sale, while Joshua Lass-Sughrue and Jason Ridenbaugh of NAI Partners acted on behalf of the seller, 600 Southwest Military Ltd.
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