Updated Dec 4, 2024
Ultra Houston Group LP Sells 27,893 Square Foot Industrial Building In Houston
8008 South Sam Houston Parkway West
Building Size
27,893 SF
Asset Type
Industrial
Closing
Sep 5, 2024
About this deal
AI
The transaction involved a 27,893-square-foot industrial building located at 8008 South Sam Houston Parkway West in Houston. The property was completed in 2023 and is situated in the southwest Houston market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 8008 South Sam Houston Parkway West
- Market: Houston
- Seller: Ultra Houston Group LP
- Broker Representatives: Braedon Emde & Travis Land - Partners Real Estate
Partners Real Estate has facilitated the sale, with Travis Land and Braedon Emde representing the seller, Ultra Houston Group LP. The buyer's details were not disclosed in this transaction.
On the Map
Industrial
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Houston 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