SOLDOther
Triten Real Estate Partners Acquires Outdoor Storage Portfolio In Houston For 100 Acres
Houston, Texas, United States
Building Size
—
Asset Type
Other
Closing
Feb 3, 2022
AI
This transaction involves the sale of an outdoor storage portfolio in Houston. The property, spanning 100 acres, is located at an undisclosed address. The sale took place on February 3, 2022.
Summary of transaction details
- Property Type: Outdoor Storage
- Transaction Amount: Not provided
Triten Real Estate Partners acted as the buyer in this transaction. They were represented by Andrew Jewett from CBRE. Blake Gibson from Colliers served as the seller's representative.
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