Acquired: March 23, 2007
Square Footage: 462,717
Property Type: Industrial
Overview
Description
Location
1777 & 1803 Gears Road, Houston, TX
Map
Investment Notes
- High Return
- Little to No Management Responsibilities
- NNN Property
Related Listings
Average Monthly Cash Flow: $5,000
Estimated Annual Revenue: $60,000
Expected Annualized Return: 11%-12%
Amount Available: $400,000
Operators: Marathon, Devon
# of Producing Wells: 17
% Oil / % Gas: 75% Oil / 25% Gas
Property Notes: Major operators in the heart of the Eagle Ford Shale region. Good mix of both oil and NGL’s (natural gas liquids).
