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
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