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6927 Brittmoore Rd, Houston...

Brittmoore Properties LLC Sells Property At 6927 Brittmoore Rd In Houston With Buyer’s Rep Jack Gaffney
SOLDWarehouse

Brittmoore Properties LLC Sells Property At 6927 Brittmoore Rd In Houston With Buyer’s Rep Jack Gaffney

6927 Brittmoore Rd, Houston, TX, 770...

Building Size

26,125 SF

Asset Type

Warehouse

Closing

Nov 19, 2023

AI

The property involved in this transaction is a warehouse located at 6927 Brittmoore Rd, Houston, TX. It spans 26,125 square feet and was built in 2006. The warehouse underwent renovations in 2015 and features 30-foot clear heights. The market for this property is in Houston.

Summary of transaction details:

The transaction was brokered by NAI Partners with Zane Carman and Clay Pritchett representing the seller. Jack Gaffney represented the buyer in the deal that involved the warehouse property.

Players

Clay Pritchett

NAI Global

Broker

13 deals

Broker
BL
Brittmoore Properties LLCSeller

Houston Warehouse Market Snapshot

Boundary boundary · Warehouse · 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