Amerix Capital Purchases Property At 2930 West Sam Houston Pkwy N With Seller's Rep Dan Miller
2930 West Sam Houston Pkwy N, Hou...
Building Size
45,125 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property at 2930 West Sam Houston Parkway N is situated in the Rosenberg market and encompasses a total square footage of 45,125. The sale involved a private seller represented by Dan Miller.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 2930 West Sam Houston Pkwy N
- Market: Rosenberg
- Seller's Representative: Danny "Dan" Miller
- Buyer: Amerix Capital
This transaction was part of a larger series involving three office properties in Houston, comprising a total of 230,506 square feet. The negotiation for the sale was managed by HFF, with Dan Miller representing the seller, Houston-based MetroNational, alongside his colleague Trent Agnew.
On the Map
Office
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Rosenberg 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