SOLDOffice
Zar Law Firm Acquires Office In Houston From KSA Industries With Oxford Partners As Buyer's Rep
17 South Briar Hollow Lane
Building Size
—
Asset Type
Office
Closing
Dec 19, 2023
AI
The 17 South Briar Hollow Lane office in Houston has been sold in a recent transaction. The details of the sale are as follows:
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: Not specified
The buyer of the property is Zar Law Firm, while KSA Industries acted as the seller. Representing the buyer was Ryan Hartsell from Oxford Partners.
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