Updated Oct 28, 2024
United Equities Acquires Industrial Property In Houston With Seller's Rep Jason English
9342 Telge Road, Houston, TX 77095
Building Size
30,000 SF
Asset Type
Industrial
Closing
Apr 14, 2020
About this deal
AI
An industrial property located at 9342 Telge Road in Houston was recently sold in a closed transaction. The property spans 30,000 square feet and is situated in the Houston market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
The buyer of the property is United Equities, represented by Buster Freedman and Doug Freedman. On the other hand, the seller's representative is Jason English from Colliers International. Travis Land of NAI Partners acted as the buyer's representative in the deal.
On the Map
Industrial
View full map
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas industrial sales on Traded.
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