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9627 PINELAND RD
HOUSTON, TX 77044-6137
Asking Price
$1.60M
Asset Type
Manufacturing Industrial
Class
Class B
What's Special
3,500 SF metal building on 1.82 acres with a 3/2 house <p>The property features a 3,500 SF metal building constructed in 2009 and currently configured as a machine/welding shop. The building includes oversized 14' x 20' roll-up doors, ample workspace, equipment storage, and yard access for trucks and trailers. Up and running machine shop, equipment included. </p><p>Additional improvements include a 1,272 SF residence, a 33' x 16' office trailer, and a substantial 50' x 120' reinforced foundation completed in 2014, providing an excellent platform for
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
