JH PR Group Holdings LLC Acquires Retail Property In Cypress For $Undisclosed
6860 Fry Road, Cypress, Texas 77449, United States
Building Size
2,331 SF
Asset Type
Retail
Closing
Jun 12, 2022
AI
Located in Cypress, the retail property at 6860 Fry Rd has been sold in a recent transaction. The property spans approximately 2,331 square feet and sits on a 0.64-acre lot. The sale took place on 06/13/2022.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not available
JH PR Group Holdings LLC, PR Holding LP & JH Katy Fry Rd. Property LLC were the buyers of the property. On the selling side, Taco Realty acted as the seller. Representing the buyer in the deal was Karen Mitchell from Hudson Peters Commercial LLC, while Andrew Alvis from NewQuest Properties represented the seller.
Players
Cypress 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