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901 W 3rd St Odessa, TX 797...

Updated Oct 29, 2024

SOLDIndustrial

Nader Mezher Acquires Industrial Property In Odessa, TX

901 W 3rd St Odessa, TX 79763, USA

Building Size

18,840 SF

Asset Type

Industrial

Closing

May 8, 2023

About this deal

AI

A 18,840 square foot industrial property located at 901 West 3rd Street in Odessa, TX has been sold. The transaction occurred on 05/08/2023.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified

Nader Mezher purchased the property from Standard Industrial Manufacturing.

Traded’s record for 901 W 3rd St Odessa, TX 79763, USA in Texas, Texas covers a industrial sale from 2023. The building is 18,840 square feet, implying about 0 per square foot on the published price. Named participants on the 901 W 3rd St Odessa, TX 79763, USA sale are Nader Mezher. This page is the Texas, Texas file for the 901 W 3rd St Odessa, TX 79763, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Texas sit in the Market section below. Filter that Texas industrial set by closing date to see what else sold near 901 W 3rd St Odessa, TX 79763, USA around 2023. Cite this Nader Mezher Acquires Industrial Property In Odessa, TX sale when underwriting similar industrial product around Texas, Texas.

Players

Nader Mezher

Buyer

$2.3M

vol

4 deals

Buyer

Texas 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

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