Cynet Capital Acquires Office In Sugar Land From Crest Ridge With Buyer's Rep Zhen Liang And Seller's Rep Bill Insull & Todd Moore
4920 River Falls Drive, Sugar Land, TX 77479
Building Size
10,000 SF
Asset Type
Office
Closing
Dec 13, 2021
About this deal
AI
The property involved in this closed transaction is an office space located at 4920 River Falls Drive in Sugar Land. The property spans 10,000 square feet and sits on 1.16 acres.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4920 River Falls Drive
- Market: Sugar Land
- Square Feet: 10,000
- Acres: 1.16
During this transaction, the buyer was Cynet Capital, while the seller was Crest Ridge. Zhen Liang from PY Realty Co represented the buyer, and Bill Insull and Todd Moore from Colliers represented the seller.
Players
Sugar Land 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