Finial Group Represents Buyer In Acquisition Of Industrial Property In Houston
6927 Brittmoore Road, Houston, Texas 77041, United States
Building Size
26,125 SF
Asset Type
Industrial
Closing
May 17, 2022
AI
Brittmoore Properties LLC has sold an industrial property located at 6927 Brittmoore Road in Houston. The property spans 26,125 square feet. The deal was finalized on May 18, 2022. The transaction was facilitated by Jack Gaffney from Finial Group, who represented the buyer. Zane Carman and Clay Pritchett from NAI Partners served as the seller's representatives.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 6927 Brittmoore Road, Houston
- Market: Houston
- Square Footage: 26,125
The buyer was represented by Jack Gaffney from Finial Group. On the seller's side, Zane Carman and Clay Pritchett from NAI Partners played a key role in the transaction. The involvement of these professionals ensured a smooth process and successful completion of the deal.
Players
Houston 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