Matador Capital Purchases Industrial Property From Largo Concrete With Seller's Representatives David Guinn & Chase Macleod
3450 Bethlehem Street
Building Size
26,787 SF
Asset Type
Industrial
Closing
Aug 9, 2024
AI
This is an Industrial Outside Storage site located at 3450 Bethlehem Street in Fort Worth, featuring a building with a square footage of 26,787 on a 3.4-acre lot. The transaction involved the sale of this property from Largo Concrete to Matador Capital.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3450 Bethlehem Street
- Market: Fort Worth
- Seller: Largo Concrete
- Buyer: Matador Capital
- Seller's Representative: David Guinn & Chase Macleod - Davidson Bogel Real Estate
- Land Area: 3.4 Acres
The transaction was facilitated by David Guinn and Chase Macleod, who are representatives from Davidson Bogel Real Estate, representing the seller in this deal. Their roles were instrumental in the completion of the sale between the buyer and seller.
Players
Fort Worth 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