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Jim Yoder, Mike Lewis & Fred Hamm Of Velocis Acquire 270000 Square Foot Industrial Property In Bee Cave From Shey Sabripour Of CesiumAstro
SOLD
Texas
See Similar DealsIndustrial270,000 SF
Sold
SOLD
Jim Yoder, Mike Lewis & Fred Hamm Of Velocis Acquire 270000 Square Foot Industrial Property In Bee Cave From Shey Sabripour Of CesiumAstro
Industrial270,000 SF
Sold
Summary
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:270000 SF
Transaction Type:Sale
The asset involved in this transaction is an industrial property located at State Highway 71 & Sweetwater Village Drive in the Bee Cave market. This property comprises a total square footage of 270,000 and was developed with KBC Advisors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Buyer: Jim Yoder, Mike Lewis & Fred Hamm - Velocis
- Seller: Shey Sabripour - CesiumAstro
- Market: Bee Cave
- Asset Size: 270,000 sq ft
The buyer, Velocis, sold the West Austin Business Park to CesiumAstro, which plans to utilize the three-building complex for its manufacturing and research headquarters.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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