Montco Lots Sells 73,019 SF Office In Houston For $Undisclosed
550 Greens Parkway, Houston, Texas 77067, United States
Building Size
73 SF
Asset Type
Office
Closing
May 1, 2023
About this deal
AI
The property involved in this transaction is an office space located at 550 Greens Parkway in Houston. The property has a total area of 73,019 square feet and sits on a 4.62-acre lot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 550 Greens Parkway
- Market: Houston
- Square Footage: 73,019
- Acres: 4.62
The seller of the property is Montco Lots. David Carter from Colliers represented the seller as the broker in this deal.
Traded’s record for 550 Greens Parkway, Houston, Texas 77067, United States in Houston, Texas covers a office sale from 2023. The building is 73 square feet, implying about 0 per square foot on the published price. David Carter, Colliers appear on the sale alongside Colliers. This page is the Houston, Texas file for the 550 Greens Parkway, Houston, Texas 77067, United States office sold: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else sold near 550 Greens Parkway, Houston, Texas 77067, United States around 2023. Cite this Montco Lots Sells 73,019 SF Office In Houston For $Undisclosed sale when underwriting similar office product around Houston, Texas.
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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