Jackrabbit Road Industrial, LLC Acquires 33,560 SF Industrial Property In Houston
9118 Jackrabbit Road, Houston, TX 77095, USA
Building Size
33,560 SF
Asset Type
Industrial
Closing
Jun 19, 2020
AI
Jackrabbit Road Industrial, LLC has recently acquired an industrial property located at 9118 & 9330 Jackrabbit Road in Houston. The transaction took place on June 19, 2021. The property, spanning an area of 33,560 square feet, is situated in the industrial sector of the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9118 & 9330 Jackrabbit Road
- Market: Houston
- Buyer: Jackrabbit Road Industrial, LLC
- Broker: CE "Trey" Erwin III - Lee & Associates
CE "Trey" Erwin III of Lee & Associates played a crucial role as the broker representing Jackrabbit Road Industrial, LLC in this deal. Their expertise in the industrial market facilitated the successful transaction.
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