Hasta Capital Acquires Property At 2801 Waterwall Dr Houston From Seller's Rep Chris Curry - Berkadia
2801 Waterwall Dr, Houston, TX, 77056
Building Size
—
Asset Type
Office
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 2801 Waterwall Dr, Houston, TX, 77056. The property falls within the Houston market and was sold for an undisclosed transaction amount. The sale involves a total square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not Disclosed
- Address: 2801 Waterwall Dr, Houston, TX, 77056
- Market: Houston
- Seller's Representative: Chris Curry - Berkadia
- Buyer: Hasta Capital
- SF: 0
Chris Curry represented the seller, Berkadia, while Hasta Capital acted as the buyer in this transaction. The deal highlights the involvement of key individuals and their respective companies, without revisiting earlier discussed property specifics.
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