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1317 Post Oak Park Dr, Hous...

Fein Property Management Acquires Property In Houston Represented By Chris Bergmann And Elizabeth Clampitt
SOLDOffice

Fein Property Management Acquires Property In Houston Represented By Chris Bergmann And Elizabeth Clampitt

1317 Post Oak Park Dr, Houston, TX...

Building Size

Asset Type

Office

Closing

Nov 19, 2023

AI

The transaction involved the property located at 1317 Post Oak Park Dr, Houston, TX. The property is situated in the Houston market and encompasses 0 square feet.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 1317 Post Oak Park Dr, Houston, TX
  • Buyer: Fein Property Management
  • Seller: Unknown
  • Buyer's Representative: Chris Bergmann - JLL
  • Seller's Representative: Elizabeth Clampitt - JLL

Key individuals involved in this transaction include Chris Bergmann representing the buyer, Fein Property Management, and Elizabeth Clampitt representing the seller. The identity of the seller remains undisclosed.

Players

Chris Bergmann

JLL

Broker

2 deals

Broker

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