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Culberson Contractors Acquires Land In Alvin From East Bay Partners Ltd
SOLD
+ 1
Texas
See Similar DealsLand55,000 SF
Sold 02/16/2024
SOLD
Culberson Contractors Acquires Land In Alvin From East Bay Partners Ltd
Land55,000 SF
Sold 02/16/2024
+ 1
Summary
Asset Type:Land
Price Per Square Foot:$0
Total Square Footage:55,000 SF
Transaction Type:Sale
The property involved in the transaction is a 12.6-acre land located at 2500 South Bypass 35 in Alvin. The land will be the site for a new 55,000-square-foot store to be opened by Murdoch’s Ranch & Home Supply, positioned 30 miles south of Houston.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Buyer: Culberson Contractors
- Seller: East Bay Partners Ltd
- Buyer's Rep: Danny Elliott & Thomas Tyng - CBRE
- Seller's Rep: Alex Makris & Patrick Keegan - Partners Real Estate
Culberson Contractors, represented by Danny Elliott & Thomas Tyng from CBRE, purchased the 12.6-acre land for the development of the new store. On the other side, East Bay Partners Ltd was the seller, with their representation handled by Alex Makris & Patrick Keegan from Partners Real Estate.
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Deal Type
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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