Mark Adame Acquires Industrial Property In Corpus Christi From Lynn Hartnett
6530 Leopard Street, Corpus Christi, TX, USA
Building Size
66,300 SF
Asset Type
Industrial
Closing
Jul 9, 2020
AI
An industrial property located at 6530 Leopard St in Corpus Christi has been sold in a recent transaction. The property spans approximately 66,300 square feet and was part of an industrial market sale.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Seller: Lynn Hartnett
- Buyer: Mark Adame
- Brokers: Ryan Rapoport & Kyler Bean - Matthews Real Estate Investment Services
- Date: 07/09/2021
The deal involved Lynn Hartnett as the seller and Mark Adame as the buyer. Representing the two parties were Ryan Rapoport and Kyler Bean from Matthews Real Estate Investment Services. Additional details about the transaction were not provided.
Players
Corpus Christi Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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