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14905 Kirby Dr, Houston, TX...

14905 Kirby Dr
SOLDOffice

14905 Kirby Dr

14905 Kirby Dr, Houston, TX, 77047

Building Size

276,770 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 14905 Kirby Dr, Houston, TX, 77047, within the Houston market. It encompasses a total square footage of 276,770. The transaction was between the Seller and the Buyer, with specific details regarding the price not specified in the context.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: Not specified
  • Address: 14905 Kirby Dr, Houston, TX, 77047
  • Market: Houston
  • Seller's Representative: Cameron Cureton, Jeff Hollinden - JLL
  • Buyer: Zeller Realty Group
  • Square Footage: 276770

The transaction involved the Seller's representatives Cameron Cureton and Jeff Hollinden from JLL, who managed the sale process. The Buyer, Zeller Realty Group, participated in the acquisition of the property at the specified address.

Players

Jeff Hollinden

JLL

Broker

$838M

vol

14 deals

Broker
ZG
Zeller Realty GroupBuyer

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