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15444 Hwy 105 W, Montgomery...

Shogun Group Corp Acquires Retail Property In Montgomery For $Undisclosed
SOLDRetail

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

Jazz Hamilton

CBRE

Broker

2 deals

Broker

Montgomery Retail Market Snapshot

Boundary boundary · Retail · 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