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2105 Jackson Street, Housto...

1701 Webster Ltd Acquires Medical Facility In Houston For $XXXXX
SOLDOther

1701 Webster Ltd Acquires Medical Facility In Houston For $XXXXX

2105 Jackson Street, Houston, TX, USA

Building Size

8,936 SF

Asset Type

Other

Closing

Sep 8, 2021

AI

2105 Jackson Street, a medical facility located in Houston, was recently sold in a closed transaction. The property spans 8,936 square feet and was sold on September 8, 2021. The buyer, 1701 Webster Ltd, acquired the property from the seller, Jackson Street Realty, LLC. The transaction was facilitated by Beth Young from Colliers.

Summary of transaction details

  • Property Type: Medical Facility
  • Transaction Amount: Not specified
  • Market: Houston
  • Address: 2105 Jackson Street
  • Square Footage: 8,936

Beth Young of Colliers represented the buyer, 1701 Webster Ltd, in the transaction, ensuring a smooth process for both parties involved.

Players

Beth Young

Colliers

Broker

$30K

vol

3 deals

Broker

Houston 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