Healthcare Building In Conroe, Houston Sold For $115M At 100 Fellowship Dr
100 Fellowship Drive, Conroe, TX, USA
$115,000,000
$552/SF
Building Size
208,000 SF
Asset Type
Other
Closing
Mar 16, 2020
About this deal
AI
A healthcare building located at 100 Fellowship Dr in Houston has been sold for a total price of $115,000,000. The transaction took place on 03/17/20 in Conroe. The building spans a total area of 208,000 square feet, resulting in a price per square foot of $552.88.
Summary of transation details
- Property Type: Healthcare building
- Transaction Amount: $115,000,000
- Address: 100 Fellowship Dr, Houston
- Market: Conroe
- Square Footage: 208,000
- Price per Square Foot: $552.88
Paul H. Layne captured an image of the healthcare building, which could be seen on his Instagram account.
Players
Conroe Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93