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2930 West Sam Houston Pkwy ...

Amerix Capital Purchases Property At 2930 West Sam Houston Pkwy N With Seller's Rep Dan Miller
SOLDOffice

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

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.

Players

Trent Agnew

JLL

Broker

$486M

vol

64 deals

Broker

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