Capital Real Estate Investments Purchases Industrial Asset From Edwards Development In Kilgore
3201 East Goforth Road
Building Size
31,210 SF
Asset Type
Industrial
Closing
Jan 9, 2025
AI
The property asset involved in the transaction is an industrial space located at 3201 East Goforth Road in Kilgore. The asset comprises 31,210 square feet and sits on a 7-acre lot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 3201 East Goforth Road
- Market: Kilgore
- Buyer: Capital Real Estate Investments
- Seller: Edwards Development
- Buyer's Representative: Troup Rolland, Matt Cooper, Blake Deer & Carson Deer - Capital Real Estate Commercial
- Seller's Representative: Matt Siebert & Matthew Nadler - Horvath & Tremblay
This transaction involved multiple parties, with Troup Rolland, Matt Cooper, Blake Deer, and Carson Deer representing the buyer, Capital Real Estate Investments. On the seller's side, Matt Siebert and Matthew Nadler represented Edwards Development through Horvath & Tremblay, facilitating this industrial property deal.
Players
Kilgore Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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