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2802 E. 13th Street, LaPorte, TX

Overview

Description

Acquired: January 07, 2008

Square Footage: 73,000

Property Type: Industrial

Location

2802 E. 13th Street, LaPorte, TX

Map

Investment Notes

  • High Return
  • Little to No Management Responsibilities
  • NNN Property

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FMC Technologies

Acquired: March 23, 2007

Square Footage: 462,717

Property Type: Industrial

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Permian Basin

Average Monthly Cash Flow: $900

Estimated Annual Revenue: $10,800

Expected Annualized Return: 9%-10%

Amount Available: $120,000

Operators: OXY Resources

# of Producing Wells: 4

% Oil / % Gas: 70% Oil / 30% Gas

Property Notes: Central Basin Platform in the Permian Basin with Top ‐3 operator property with long‐life reserves and consistant production.

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