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2801 Waterwall Dr, Houston,...

Hasta Capital Acquires Property At 2801 Waterwall Dr Houston From Seller's Rep Chris Curry - Berkadia
SOLDOffice

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

Chris Curry

Berkadia

Broker

30 deals

Broker
HC
HASTA CapitalBuyer

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