Dennis Nelson Acquires Mixed-Use Property On Hayes Road In Houston
3100 Hayes Road, Houston, TX, USA
Building Size
149,893 SF
Asset Type
Mixed-use
Closing
Nov 30, 2020
About this deal
AI
3100-3120 Hayes Road in Houston has been sold in a recent transaction. The mixed-use property was purchased by Mission Cos, with Dennis Nelson representing the buyer.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Date: 12/01/2020
- Address: 3100-3120 Hayes Road
- Market: Houston
JLL Capital Markets acted as the broker for this transaction. No additional information is available about the deal at this time.
Traded’s record for 3100 Hayes Road, Houston, TX, USA in Houston, Texas covers a mixed use sale from 2020. The building is 149,893 square feet, implying about 0 per square foot on the published price. Named participants on the 3100 Hayes Road, Houston, TX, USA sale are Dennis Nelson. This page is the Houston, Texas file for the 3100 Hayes Road, Houston, TX, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Houston sit in the Market section below. Filter that Houston mixed use set by closing date to see what else sold near 3100 Hayes Road, Houston, TX, USA around 2020. Cite this Dennis Nelson Acquires Mixed-Use Property On Hayes Road In Houston sale when underwriting similar mixed use product around Houston, Texas.
Players
Houston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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