Tranquility Properties Acquires 0.57 Acres In Houston From Tranquility Personal Care Home
9006 Poco Road, Houston, TX 77080
Building Size
8,487 SF
Asset Type
Other
Closing
Sep 2, 2021
About this deal
AI
A property located at 9006 Poco Road in Houston has been sold. The property covers approximately 0.57 acres and has a total area of 8,487 square feet. The sale took place on September 2, 2021.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not specified
- Market: Houston
- Asset Type: ~ Acres
- Acres: 0.57
- Square Footage: 8,487
The buyer of the property is Tranquility Properties, while the seller is Tranquility Personal Care Home. The transaction was facilitated by Elena Bakina, a representative from Colliers.
Players
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