Himmel’s Architectural Door & Hardware Acquires Property At 4750 Windfern Rd In Houston With Jake Wilkinson As Buyer's Rep
4750 Windfern Rd, Houston, TX, 77041
Building Size
20,500 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 4750 Windfern Rd, Houston, TX, 77041. It encompasses a total square footage of 20,500 and is situated in the Houston market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not disclosed
- Buyer: Himmel’s Architectural Door & Hardware
- Buyer’s Representative: Jake Wilkinson - NAI Capital
The transaction was facilitated by Jake Wilkinson, who represented Himmel’s Architectural Door & Hardware in acquiring the property. The details surrounding the buyer's requirements and specific motivations for this purchase remain undisclosed.
Players
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