Colliers International Brokers Sale Of 105,289 SF Office Property In Houston
15915 Katy Freeway, Houston, TX 77094
Building Size
105,289 SF
Asset Type
Office
Closing
Sep 7, 2021
About this deal
AI
The office property located at 15915 Katy Freeway in Houston has been sold in a recent transaction. The property spans a total of 105,289 square feet and is situated on a land area of 3.61 acres. The sale took place on September 7, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not available
- Address: 15915 Katy Freeway, Houston
- Market: Houston
- Square Footage: 105,289
- Acres: 3.61
The seller of the property was DIG TPW, LLC. The deal was facilitated by David L. Carter, representing Colliers International as the broker.
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