Updated Oct 28, 2024
807 Bammel LLC Acquires Industrial Property In Houston From SIGI Investments
807 Bammel Road, Houston, TX 77073, USA
Building Size
7,000 SF
Asset Type
Industrial
Closing
Nov 29, 2021
About this deal
AI
807 Bammel Road, an industrial property located in Houston, was recently sold in a transaction that took place on 11/29/2021. The property spans approximately 7,000 square feet and was acquired by 807 Bammel LLC.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 807 Bammel Road
- Market: Houston
- Square Footage: 7,000
The seller of 807 Bammel Road was SIGI Investments. The deal was facilitated by Patrick McKiernan and James Mashni, who represented the buyer, 807 Bammel LLC, in the transaction. Both Patrick McKiernan and James Mashni are associated with First Houston Properties.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas industrial sales on Traded.
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