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3201 East Goforth Road

Capital Real Estate Investments Purchases Industrial Asset From Edwards Development In Kilgore
SOLDIndustrial

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:

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

Matthew Nadler

Horvath & Tremblay

Broker

$127M

vol

35 deals

Broker
Troup Rolland
Verified Badge

Troup Rolland

Capital Real Estate Commercial⁠

Broker

$8.2M

vol

27 deals

Broker

Kilgore 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