BV Capital And Archway Properties Acquire Warehouse In Houston
17211 North Fwy, Houston, TX, USA
Building Size
79,684 SF
Asset Type
Other
Closing
Apr 12, 2021
About this deal
AI
The warehouse property located at 17211 North Fwy in Houston was recently sold in a closed transaction. The sale took place on April 13, 2021, and the property spans a total of 79,684 square feet. The asset type of the property is a warehouse.
Summary of transaction details
- Property Type: Warehouse
- Transaction Date: 04/13/2021
- Address: 17211 North Fwy, Houston
- Market: Houston
- Square Footage: 79,684
The buyer of the warehouse property was BV Capital, represented by Rob Anderson. Additionally, Archway Properties, represented by Don Dennis and Eric Hawk, also participated in the acquisition.
Players
Houston Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
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