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17742 Texas Highway 105, Mo...

Updated Nov 29, 2023

TopSites Marina Acquires 5-Acre Montgomery Marina At 17742 TX-105
SOLDOther

TopSites Marina Acquires 5-Acre Montgomery Marina At 17742 TX-105

17742 Texas Highway 105, Montgomery, Texas 77356, United States

Building Size

Asset Type

Other

Closing

Jan 19, 2023

About this deal

AI

Located at 17742 TX-105 in Montgomery, this 5-acre marina was recently sold on January 19, 2023. The transaction was captured in an image by Stephen Lehn, showcasing the property in its entirety.

Summary of transation details

  • Property Type: Marina
  • Transaction Amount: Not specified
  • Market: Montgomery
  • Address: 17742 TX-105
  • Size: 5 acres

The buyer of this marina property was TopSites Marina, represented by Stephen Lehn.

Traded’s record for 17742 Texas Highway 105, Montgomery, Texas 77356, United States in Montgomery, Texas covers a other sale from 2023. 17742 Texas Highway 105, Montgomery, Texas 77356, United States is classified as Other on Traded. This page is the Montgomery, Texas file for the 17742 Texas Highway 105, Montgomery, Texas 77356, United States other sold: pricing, party profiles, and other closed other comps from the same Montgomery sit in the Market section below. Filter that Montgomery other set by closing date to see what else sold near 17742 Texas Highway 105, Montgomery, Texas 77356, United States around 2023. Cite this TopSites Marina Acquires 5-Acre Montgomery Marina At 17742 TX-105 sale when underwriting similar other product around Montgomery, Texas.

Players

Montgomery 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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