facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

6750 Bender Road, Humble, T...

6750 Bender Road Humble Industrial Property Acquired By 6750 Bender Road, LTD & Equity Resource Partners III
SOLDIndustrial

6750 Bender Road Humble Industrial Property Acquired By 6750 Bender Road, LTD & Equity Resource Partners III

6750 Bender Road, Humble, TX 77396, USA

Building Size

86,122 SF

Asset Type

Industrial

Closing

Aug 7, 2021

AI

The industrial property located at 6750 Bender Road in Humble has been sold in a recent transaction. The property spans approximately 86,122 square feet and sits on a 30.7-acre lot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not available
  • Address: 6750 Bender Road
  • Market: Humble
  • Square Footage: 86,122
  • Acres: 30.7

The buyers of the property are 6750 Bender Road, LTD and Equity Resource Partners III. Representing them in the deal are brokers Mike Spears, Mason Alsbrooks, and C.E. "Trey" Erwin III from Lee & Associates.

Players

Mike Spears

Lee & Associates

Broker

5 deals

Broker
L
LtdBuyer

Humble 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