Alco Designs Acquires Industrial Property In Houston From Levey Group
6552 West Little York Road, Houston, TX 77040
Building Size
65,000 SF
Asset Type
Industrial
Closing
Jun 17, 2020
AI
The industrial property located at 6552 West Little York Road in Houston has been sold in a recent transaction. The property spans a total area of 65,000 square feet and sits on a 6.5-acre lot. The sale took place on June 17, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 6552 West Little York Road, Houston
- Size: 65,000 square feet
- Lot Size: 6.5 acres
The seller of the property was Levey Group, represented by David Ebro. The buyer, on the other hand, was Alco Designs, represented by Sam Cohen.
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