Investment Property Exchange Services Acquires Houston Industrial Building From Usha Martin Americas Inc
SOLD
Texas
See Similar DealsIndustrial99,000 SF
Sold 06/12/2019
SOLD
Investment Property Exchange Services Acquires Houston Industrial Building From Usha Martin Americas Inc
701 Plastics Ave, Houston, TX, 77020
See Similar DealsIndustrial99,000 SF
Sold 06/12/2019
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:99,000 SF
Transaction Type:Sale
The sale of a 99,000-square-foot industrial building located at 701 Plastics Ave in Houston, Texas has been successfully negotiated. The property was acquired by Investment Property Exchange Services. The buyer was represented by CE "Trey" Erwin III and Dalton Knipe of Lee & Associates, whereas the seller, Usha Martin Americas Inc, was represented by Read King.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 701 Plastics Ave, Houston, TX, 77020
- Market: Houston
- Buyer's Representative: CE "Trey" Erwin III (Lee & Associates)
CE "Trey" Erwin III and Dalton Knipe of Lee & Associates brokered the deal as representatives of the buyer, Investment Property Exchange Services. Similarly, Read King acted as the seller's representative, assisting Usha Martin Americas Inc in the industrial property sale.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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