Updated Oct 28, 2024
US Foam Corp. Sells Industrial Property In Lewisville To Rich Young Jr. - Rich Young Co
720 E. State Highway 121, Lewisville, Texas 75057, United States
Building Size
43,904 SF
Asset Type
Industrial
Closing
May 2, 2022
About this deal
AI
US Foam Corp. has sold an industrial property located at 720 E. State Highway 121 in Lewisville. The property spans an area of 43,904 square feet. The transaction took place on 05/03/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 720 E. State Highway 121, Lewisville
- Market: Lewisville
Rich Young Co. represented the buyer in the deal, with Rich Young Jr. acting as their representative. The seller, US Foam Corp., was represented by Nathan Denton and Jeremy Mojica from Lee & Associates.
On the Map
Industrial
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Players
Lewisville 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