Lexington Realty Trust Sells Westlake Office Property To Hillwood
2050 Roanoke Road, Westlake, TX, USA
Building Size
130,199 SF
Asset Type
Office
Closing
Jan 28, 2021
About this deal
AI
Located at 2050 Roanoke Road in Westlake, this office property was recently sold in a transaction. The property spans a total square footage of 130,199 and was part of a closed sale deal.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 01/29/2021
- Seller: Lexington Realty Trust - T. Wilson Eglin
- Buyer: Hillwood
The seller in this transaction was Lexington Realty Trust, represented by T. Wilson Eglin. The buyer of the property was Hillwood. Additional details about the sale, such as the sale price, were not provided in the available information.
On the Map
Office
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Players
Roanoke Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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