SparrowHawk Acquires Office In Houston's Clay Street
1414 West Clay Street, Houston, Texas 77019, United States
Building Size
5,880 SF
Asset Type
Office
Closing
Mar 27, 2022
About this deal
AI
The office property located at 1414 West Clay Street in Houston has been sold. The transaction took place on 03/28/2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Market: Houston
- Size: 0.24 acres
The buyer of the property is SparrowHawk, represented by Alfredo Gutierrez.
Traded’s record for 1414 West Clay Street, Houston, Texas 77019, United States in Houston, Texas covers a office sale from 2022. The building is 5,880 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 1414 West Clay Street, Houston, Texas 77019, United States office sold: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else sold near 1414 West Clay Street, Houston, Texas 77019, United States around 2022. Cite this SparrowHawk Acquires Office In Houston's Clay Street sale when underwriting similar office product around Houston, Texas.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
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