SOLDRetail
Robert Hoodis Purchases Retail Property From Nazeh Jaser With Broker John Baddour In Houston
9895 Blackhawk Boulevard
Building Size
6,536 SF
Asset Type
Retail
Closing
Apr 9, 2025
AI
The property asset involved in this transaction is a retail space located at 9895 Blackhawk Boulevard in Houston. The total square footage of the asset is 6,536.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 9895 Blackhawk Boulevard
- Market: Houston
- Buyer: Robert Hoodis
- Seller: Nazeh Jaser
- Seller's Representative: John Baddour - HighStreet Net Lease Group
The transaction was finalized on April 10, 2025, with John Baddour representing the seller, Nazeh Jaser, in this deal. The buyer, Robert Hoodis, is the new owner of the retail property.
Players
Houston 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