SOLDIndustrial
Hopewell Development Acquires Industrial Property In Irving
7810 Jetstar Dr Irving, TX 75063, USA
Building Size
—
Asset Type
Industrial
Closing
Jul 8, 2023
AI
The industrial property located at 7810 & 7815 Jetstar Drive in Irving has been sold. The transaction took place on 07/08/2023.
Summary of transaction details
- Property Type: Industrial
The buyer, Hopewell Development, acquired the property from the seller, Harwood International. The sale was facilitated by Colin Penny and Greg Cannon from Colliers International, who represented the buyer in the transaction.
Players
Harwood InternationalBrokerage
Harwood InternationalSeller
Irving 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