Updated Dec 21, 2023
Fort Capital Acquires Industrial Property In Houston For 711,399 SF
8807 Emmott Road, Houston, Texas 77040, United States
Building Size
711,399 SF
Asset Type
Industrial
Closing
Aug 18, 2022
About this deal
AI
An industrial property located at 8807 Emmott Road, 6830 N. Eldridge Parkway, 6125 W. Sam Houston Parkway N., and 16623 Aldine Westfield Road in Houston has been sold. The property spans a total of 711,399 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
Fort Capital, represented by Jason Baxter, has acquired the property.
Traded’s record for 8807 Emmott Road, Houston, Texas 77040, United States in Houston, Texas covers a industrial sale from 2022. The building is 711,399 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 8807 Emmott Road, Houston, Texas 77040, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else sold near 8807 Emmott Road, Houston, Texas 77040, United States around 2022. Cite this Fort Capital Acquires Industrial Property In Houston For 711,399 SF sale when underwriting similar industrial product around Houston, Texas.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
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