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6410 Langfield Rd, Houston,...

S&R Realty Group LLC Acquires Property From Buks Global Enterprises At 6410 Langfield Rd Houston
SOLDIndustrial

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:

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

Dylan Schopper

Finial Group

Broker

3 deals

Broker

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