Moody Rambin Represents Sale Of 135,296 SF Warehouse In Houston
5800 Clinton Drive, Houston, TX, USA
Building Size
135,296 SF
Asset Type
Other
Closing
Mar 7, 2021
About this deal
AI
The warehouse located at 5800 Clinton Drive in Houston has been sold. The transaction took place on 03/08/2021. The warehouse, with an area of 135,296 square feet, is situated on a property spanning 8 acres. The property, known for its industrial use, was listed for sale in the market of Houston. Zack Taylor from Moody Rambin served as the broker for this transaction.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: Not provided
- Address: 5800 Clinton Drive
- Market: Houston
- Square Feet: 135,296
- Acres: 8
Zack Taylor from Moody Rambin represented the parties involved in this warehouse sale.
On the Map
Other
View full map
Players
Houston Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas other sales on Traded.
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