facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

8420 Rayson Road

Ryan Nesloney Acquires Industrial Property At 8420 Rayson Road In Houston From Mark Sernec
SOLDIndustrial

Ryan Nesloney Acquires Industrial Property At 8420 Rayson Road In Houston From Mark Sernec

8420 Rayson Road

Building Size

5,000 SF

Asset Type

Industrial

Closing

Jun 17, 2025

AI

The asset involved in this transaction is an industrial property located at 8420 Rayson Road in Houston. The total square footage of the property is 5,000. The transaction was recorded on June 18, 2025.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 8420 Rayson Road
  • Market: Houston
  • Buyer: Ryan Nesloney
  • Seller: Mark Sernec
  • Buyer's Representative: Jill Nesloney - Cushman & Wakefield
  • Seller's Representative: William Byrd - PrinGroup Commercial

This transaction involved key individuals including Ryan Nesloney as the buyer and Mark Sernec as the seller, with representation from Jill Nesloney of Cushman & Wakefield for the buyer and William Byrd of PrinGroup Commercial for the seller, facilitating the transaction process.

Players

William Byrd

PrinGroup Commercial

Broker

$3.2M

vol

14 deals

Broker
PrinGroup Commercial
PrinGroup CommercialBrokerage

Houston 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