Southeastern Real Estate Group Acquires Retail Property On Montrose Boulevard In Houston
3300 Montrose Boulevard, Houston, TX, USA
Building Size
80,290 SF
Asset Type
Retail
Closing
Feb 2, 2021
About this deal
AI
Located at 3300 Montrose Boulevard in Houston, this retail property spans 2 acres. The transaction took place on February 3, 2021, and the buyer was Southeastern Real Estate Group, represented by Vic Mills.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 3300 Montrose Boulevard
- Market: Houston
- Acres: 2
Vic Mills, from Southeastern Real Estate Group, played a crucial role in representing the buyer in this retail property transaction.
Traded’s record for 3300 Montrose Boulevard, Houston, TX, USA in Houston, Texas covers a retail sale from 2021. The building is 80,290 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 3300 Montrose Boulevard, Houston, TX, USA retail sold: pricing, party profiles, and other closed retail comps from the same Houston sit in the Market section below. Filter that Houston retail set by closing date to see what else sold near 3300 Montrose Boulevard, Houston, TX, USA around 2021. Cite this Southeastern Real Estate Group Acquires Retail Property On Montrose Boulevard In Houston sale when underwriting similar retail product around Houston, Texas.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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