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:
- Property Type: Warehouse
- Transaction Amount: Undisclosed
- Buyer: Undisclosed
- Seller: Brittmoore Properties LLC
- Buyer's Representative: Jack Gaffney-Finial Group
- Seller's Representative: Clay Pritchett-NAI Capital
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
Houston Warehouse Market Snapshot
Boundary boundary · Warehouse · 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