SOLDMixed-use
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
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.
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