Yinlun TDI LLC Acquires 153,000 SF Office In Houston From FJS Investments LP
7000 Hollister Street
Building Size
153,000 SF
Asset Type
Office
Closing
Mar 25, 2024
About this deal
AI
An office and industrial complex in northwest Houston, spanning 153,000 square feet, was recently sold. The property, located at 7000 Hollister Street, encompasses an office building and warehouse on a vast 12.6-acre site.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Buyer: Yinlun TDI LLC
- Seller: FJS Investments LP
- Buyer's Representative: Charlie Le - Realm Real Estate
- Seller's Representative: Cotton Munson - Davis Commercial
Charlie Le from Realm Real Estate expertly represented the buyer, Yinlun TDI LLC, in this transaction. On the other side, Cotton Munson of Davis Commercial worked diligently as the seller's representative, ensuring a successful deal for FJS Investments LP.
On the Map
Office
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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