S&R Realty Group LLC Acquires Property From Buks Global Enterprises At 6410 Langfield Rd Houston
6410 Langfield Rd, Houston, TX, 77092
Building Size
52,682 SF
Asset Type
Industrial
Closing
Nov 19, 2023
AI
A manufacturing facility located at 6410 Langfield Road in northwest Houston has been sold. The property encompasses a total area of 52,682 square feet and includes 10,000 square feet of office space. The facility is classified as Class A and is crane-served, suitable for industrial operations.
Summary of transaction details:
- Property Type: Manufacturing Facility
- Transaction Amount: Not Disclosed
- Address: 6410 Langfield Rd, Houston, TX, 77092
- Market: Houston
- Seller: Buks Global Enterprises
- Buyer: S&R Realty Group LLC
- Seller's Representative: Keith Bilski & Dylan Schopper - Finial Group
- Buyer's Representative: Ron Roberson - Caldwell Cos.
The transaction involved the seller, Buks Global Enterprises, which previously occupied the manufacturing facility. The deal was facilitated by Keith Bilski and Dylan Schopper from Finial Group, representing the seller. Ron Roberson from Caldwell Cos. represented the buyer, S&R Realty Group LLC, in the negotiations of this property sale.
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