HMVP Holdings, LLC Acquires 58.8K SF Office Building In Corpus Christi
330 Opportunity Drive, Corpus Christi, Texas 78405, United States
Building Size
58,843 SF
Asset Type
Office
Closing
May 21, 2022
About this deal
AI
HMVP Holdings, LLC has acquired an office property located at 330 Opportunity Dr in Corpus Christi. The property spans 58,843 square feet and sits on a 9.97-acre lot. The transaction took place on 05/22/2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Address: 330 Opportunity Dr
- Market: Corpus Christi
- Square Footage: 58,843
- Lot Size: 9.97 acres
The buyer, HMVP Holdings, LLC, completed the acquisition with the assistance of Benedict Gutierrez and Tim Speck from Marcus & Millichap.
Players
Corpus Christi Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas office sales on Traded.
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