Random Properties Inc. Acquires Industrial Property On Finn Rd In Hutchins
915 Finn Rd, Hutchins, TX, 75141
Building Size
28,800 SF
Asset Type
Industrial
Closing
Mar 13, 2022
AI
The industrial property located at 915 Finn Rd in Hutchins has been sold. The property spans approximately 28,800 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 915 Finn Rd
- Market: Hutchins
- Buyer: Random Properties Inc.
- Seller: Texas Ginger LLC
- Buyer's Representative: Gibson Terry - LanCarte Commercial Real Estate
- Seller's Representative: Richmond Collinsworth - Bradford Commercial Real Estate Services
Random Properties Inc. has acquired the property from Texas Ginger LLC. The buyer was represented by Gibson Terry from LanCarte Commercial Real Estate, while Richmond Collinsworth from Bradford Commercial Real Estate Services represented the seller, Texas Ginger LLC.
Players
Wilmer 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