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
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
Loading comparables…
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