Capital Real Estate Commercial Purchases Industrial Asset From Harbor Capital For $8.2M In Conroe
SOLD
$8,200,000
+ 2
Texas
See Similar DealsIndustrial68,656 SF
Sold 08/05/2024
SOLD
Capital Real Estate Commercial Purchases Industrial Asset From Harbor Capital For $8.2M In Conroe
400 Conroe Park West Drive
See Similar DealsIndustrial68,656 SF
Sold 08/05/2024
+ 2
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$119
Total Square Footage:68,656 SF
Transaction Type:Sale
The industrial property located at 400 Conroe Park West Drive in Conroe was sold for $8,200,000. The asset encompasses a total area of 68,656 square feet, resulting in a price per square foot of $119.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,200,000
- Address: 400 Conroe Park West Drive
- Market: Conroe
- Square Footage: 68,656
- Price Per Square Foot: $119
- Buyer: Capital Real Estate Commercial
- Seller: Harbor Capital
- Buyer's Representatives: Carson Deer, Blake Deer, Matt Cooper, Troup Rolland - Capital Real Estate Commercial
- Seller's Representative: Cary Latham - Stream Realty
The transaction involved Capital Real Estate Commercial as the buyer, represented by Carson Deer, Blake Deer, Matt Cooper, and Troup Rolland. The seller, Harbor Capital, was represented by Cary Latham from Stream Realty, highlighting the collaboration between the involved parties in this industrial real estate transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$437,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,132.88
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,872.18
Annual Debt Service$466,466.20
Is there something missing? Send suggestions