Endeavor Behavioral Acquires Property In Houston With Buyer's Representative Jon Silberman Of NAI Capital
1155 Brittmoore Rd, Houston, TX, 770...
Building Size
68,794 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property involved in this transaction is an office building located at 1155 Brittmoore Road in Houston, Texas. The building encompasses a total of 68,794 square feet and was constructed in 1978. The transaction pertains to the Houston market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1155 Brittmoore Rd, Houston, TX, 770...
- Market: Houston
- Buyer: Endeavor Behavioral
- Buyer's Representative: Jon Silberman (NAI Capital)
- Seller: Not disclosed
Jon Silberman from NAI Partners represented the buyer, Endeavor Behavioral, in the transaction. Additional terms of the sale were not disclosed.
Players
Houston Office Market Snapshot
Boundary boundary · Office · 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