SOLDIndustrial
Mok Singh Acquires Industrial Property In Conroe, Houston From Levi Benkert
7185 Old Highway 105 West
Building Size
23,000 SF
Asset Type
Industrial
Closing
Jul 8, 2022
AI
The industrial property located at 7185 Old Hwy 105 W in Conroe, Houston has been sold in a recent transaction. The property spans approximately 23,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Buyer: Mok Singh
- Seller: Levi Benkert
- Brokers: Jake Zacuto, Leor Binshtock, Benjamin Gribnau - Zacuto Group, Inc.
The buyer of the property is Mok Singh, while the seller is Levi Benkert. The deal was facilitated by the brokers Jake Zacuto, Leor Binshtock, and Benjamin Gribnau from Zacuto Group, Inc.
Players
Conroe 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