Next Investments LLC Acquires Property At 11777 Katy Fwy Houston With Buyer's Rep Payton Indermuehle
SOLD
Texas
See Similar DealsOffice120,520 SF
Sold 01/02/2019
SOLD
Next Investments LLC Acquires Property At 11777 Katy Fwy Houston With Buyer's Rep Payton Indermuehle
11777 Katy Fwy, Houston, TX, 77079
See Similar DealsOffice120,520 SF
Sold 01/02/2019
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:120,520 SF
Transaction Type:Sale
11777 Katy Fwy is a 120,520-square-foot office park located in the Energy Corridor area of Houston, Texas. The property spans 3.7 acres and was 60 percent occupied at the time of sale.
Summary of transaction details:
- Property Type: Office Park
- Transaction Amount: Not disclosed
- Address: 11777 Katy Fwy, Houston, TX, 77079
- Market: Houston
- Buyer: Next Investments LLC
- Seller: Dornin Investment Group
- Buyer's Representative: Payton Indermuehle (Keen Realty Group)
- Seller's Representative: Self-represented
Payton Indermuehle and Todd Jurek from Keen Realty Group LLC represented Next Investments LLC in this transaction, marking a significant deal in the Houston commercial real estate market. Dornin Investment Group, which has offices in Las Vegas and Laguna Beach, California, was self-represented in the sale of the property.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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