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
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