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915 Conroe Park West Drive

Ameritex Machine & Fabrication Acquires Industrial Building From Neil P. Doyle In Conroe For 145,222 SF
SOLDIndustrial

Ameritex Machine & Fabrication Acquires Industrial Building From Neil P. Doyle In Conroe For 145,222 SF

915 Conroe Park West Drive

Building Size

145,222 SF

Asset Type

Industrial

Closing

Jul 15, 2025

AI

The transaction involves a 145,222 square foot industrial building situated on 18 acres at 915 Conroe Park West Drive, located in Conroe, TX.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 915 Conroe Park West Drive
  • Market: Conroe
  • Buyer: Ameritex Machine & Fabrication
  • Seller: Neil P. Doyle - TradeLane Properties
  • Buyer's Representative: Tim O’Neil - TSO Properties
  • Seller's Representative: Garret Geaccone - Stream Realty Partners

Ameritex Machine & Fabrication has successfully acquired the industrial building from seller Neil P. Doyle, who represented TradeLane Properties in the transaction. TSO Properties provided representation for the buyer through Tim O’Neil, while Garret Geaccone of Stream Realty Partners was engaged as the seller's representative.

Players

Garret Geaccone

Stream Realty Partners⁠

Broker

12 deals

Broker
Stream Realty Partners⁠
Stream Realty Partners⁠Brokerage
Neil P. Doyle

Neil P. Doyle

TradeLane Properties

Seller

$186.4M

vol

9 deals

Seller

Conroe 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