Harwood International Acquires Office In Dallas For $Undisclosed
409 North Houston Street, Dallas, Texas 75202, United States
Building Size
169,005 SF
Asset Type
Office
Closing
Jul 24, 2022
About this deal
AI
Harwood International, a real estate development and investment firm, recently facilitated the sale of an office property in Dallas. The property, located at 409 N Houston St, offers a total square footage of 169,005. The transaction took place on July 25, 2022, making it a closed deal. The sale was handled by brokers David Roehm and Christopher Cauthen from Harwood International.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 409 N Houston St
- Market: Dallas
- Square Footage: 169,005
In addition to the brokers representing Harwood International, Morgan Staub from the same company served as the mortgage broker for the transaction. The involvement of these key individuals and companies highlights the collaborative effort behind the deal.
On the Map
Office
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Dallas 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