Updated Nov 5, 2026
North Porter Road
North Porter Road
Building Size
60,000 SF
Asset Type
Industrial
Closing
Oct 29, 2026
About this deal
AI
An industrial property located at 1505 Porter Road, Conroe, TX, has been sold. The asset spans 60,000 square feet and is part of the Conroe market. The transaction reflects the activity within the industrial real estate sector in the area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1505 Porter Road
- Market: Conroe, TX
- Square Footage: 60,000
- Buyer: Capital Real Estate Investments
- Seller: Fun Town RV
- Buyer's Representative: Troup Rolland, Matt Cooper, Blake Deer & Carson Deer - Capital Real Estate Commercial
- Seller's Representative: Carlton Anderson, Nathan Mai & Joann Vu - Mohr Partners
The transaction involved key representatives from Capital Real Estate Commercial and Mohr Partners. The buyer's representative team included Troup Rolland, Matt Cooper, Blake Deer, and Carson Deer, while the seller was represented by Carlton Anderson, Nathan Mai, and Joann Vu. A note from the buyer's representative indicated excitement regarding the acquisition of this property in Conroe, TX, highlighting the collaborative efforts of the Mohr Team to successfully close the deal.
On the Map
Industrial
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Players
Conroe 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