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Fm 1283

Nabeel Ali & Mubarak Prasla Acquire Retail Asset In Lakehills From Kail Fam
SOLDRetail

Nabeel Ali & Mubarak Prasla Acquire Retail Asset In Lakehills From Kail Fam

Fm 1283

Building Size

243,936 SF

Asset Type

Retail

Closing

Jan 22, 2026

AI

The retail property located at 4952 FM1283 in Lakehills encompasses a total square footage of 243,936. The asset was recently sold as part of a transaction reflecting the current market dynamics.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 4952 FM1283
  • Market: Lakehills
  • Buyer: Nabeel Ali & Mubarak Prasla
  • Seller: Kail Fam
  • Buyer's Representative: Nabeel Ali - Keller Williams Realty
  • Seller's Representative: Ricardo Peña - URIAH Real Estate Organization

The deal involved Nabeel Ali and Mubarak Prasla as the buyers, representing their interests alongside Nabeel Ali's brokerage, Keller Williams Realty. The seller, Kail Fam, was represented by Ricardo Peña from URIAH Real Estate Organization in this transaction.

Players

Nabeel Ali

Keller Williams Realty

Broker

$5.7M

vol

16 deals

Broker
URIAH Real Estate Organization
URIAH Real Estate OrganizationBrokerage
Nabeel Ali

Nabeel Ali

Buyer

$5.7M

vol

16 deals

Buyer

Pipecreek 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