facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Land

/

Sale

/

Rosenberg Business Park

Rosenberg BP Partners Acquires 12-Acre Land In Rosenberg Business Park
SOLDLand

Rosenberg BP Partners Acquires 12-Acre Land In Rosenberg Business Park

Building Size

Asset Type

Land

Closing

May 2, 2024

AI

Rosenberg Business Park, located in Rosenberg, was the site of a recent transaction involving the sale of a 12-acre parcel of land. The property offers excellent connectivity to I-69 via FM 2218, full utility access, and a deed-restricted business park environment suitable for industrial activities.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: Not specified
  • Address: Rosenberg Business Park
  • Market: Rosenberg
  • Asset Type: Land
  • Acres: 12

Rosenberg BP Partners, an industrial user, acquired the 12-acre parcel in Rosenberg Business Park. The buyer plans to use part of the land for their business operations and may develop or sell the remaining portion. Faaiz Momin from MS Realty Advisors represented the buyer, while Barkley Peschel of Colliers International represented the seller, Sienvironmental, in this transaction.

Players

Barkley Peschel

Colliers

Broker

12 deals

Broker

Market Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

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