Partners Real Estate Acquires 2.09 Acre Land In Houston From Black Flag Tidwell Commercial, LLC
50 Tidwell Rd, Houston, Texas 77022, United States
Building Size
—
Asset Type
Land
Closing
Mar 3, 2023
About this deal
AI
Located in Houston, the property at 50 Tidwell Road has been sold. The transaction took place on 03/03/2023 and involved the sale of 2.09 acres of land. The property is part of the commercial market in Houston.
Summary of transation details
- Property Type: Land
- Transaction Amount: Not provided
- Address: 50 Tidwell Road
- Market: Houston
The seller of the property is Black Flag Tidwell Commercial, LLC. The sale was facilitated by Shaffer Braun, Darren O’Conor, and Patrick Keegan from Partners Real Estate. They acted as the brokers representing the seller in the deal.
On the Map
Land
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Players
Houston Land Market Snapshot
Boundary boundary · Land · 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