Colliers Acquires 191 Acres Of Land In Richmond, TX With Brokers Chris Hutcheson, James Kadlick & Harrison Kane
7222 Pleak Road, Richmond, Texas 77469, United States
Building Size
—
Asset Type
Mixed-use
Closing
Oct 13, 2022
About this deal
AI
A 191-acre land located at 7222 Pleak Road in Richmond, TX has been sold. The transaction took place on October 14, 2022.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Location: Richmond, TX
- Size: 191 acres
Colliers represented the parties involved in the transaction. The brokers handling the deal were Chris Hutcheson, James Kadlick, and Harrison Kane.
Traded’s record for 7222 Pleak Road, Richmond, Texas 77469, United States in Richmond, Texas covers a mixed use sale from 2022. 7222 Pleak Road, Richmond, Texas 77469, United States is classified as Mixed Use on Traded. Imtiaz Ali, Chris Hutcheson, James Kadlick, Harrison Kane appear on the sale alongside KW Commercial, Colliers. This page is the Richmond, Texas file for the 7222 Pleak Road, Richmond, Texas 77469, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Richmond sit in the Market section below. Filter that Richmond mixed use set by closing date to see what else sold near 7222 Pleak Road, Richmond, Texas 77469, United States around 2022. Cite this Colliers Acquires 191 Acres Of Land In Richmond, TX With Brokers Chris Hutcheson, James Kadlick & Harrison Kane sale when underwriting similar mixed use product around Richmond, Texas.
Players
Richmond Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas mixed use sales on Traded.
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