Shogun Group Corp Acquires Retail Property In Montgomery For $Undisclosed
15444 Hwy 105 W, Montgomery, TX, USA
Building Size
4,993 SF
Asset Type
Retail
Closing
Feb 19, 2021
AI
A 1.1-acre retail property located at 15444 Hwy 105 West in Montgomery has been sold. The property spans 4,993 square feet and was sold on February 20, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Market: Montgomery
- Address: 15444 Hwy 105 West
- Acres: 1.1
- Square Feet: 4,993
The seller of the property, Sagamore Hill Holdings LLC, and the buyer, Shogun Group Corp, were represented by their respective brokers. Jazz Hamiltona and Rusty Lilley from CBRE acted as the seller's representatives, while Bob Conwell and Austen Baldridge from NewQuest Properties represented the buyer in the transaction.
Players
Montgomery Retail Market Snapshot
Boundary boundary · Retail · 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