Partners Real Estate Brokers Sale Of Lost River RV Park In Baytown, Houston
Building Size
—
Asset Type
Parking Lot
Closing
Feb 2, 2024
AI
Partners Real Estate brokered the sale of Lost River RV Park in Baytown, Houston, featuring 153 sites and 47 self-storage units on 11 acres.
Summary of transaction details
- Property Type: Parking Lot
- Transaction Amount: Undisclosed
- Address: 8407 North Fm 565 Road
- Market: Baytown
- Acres: 11
Landan Dory and Cole Little represented the seller, Lost River RV LLC, while John Manion and Tiffany Hastiecurry of NAI Capital represented the undisclosed buyer.
It should be noted that the sales price and further details surrounding the transaction were not disclosed.
Players
Market Parking Lot Market Snapshot
Boundary boundary · Parking Lot · 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