Woodside Health Development Acquires Medical Center In Phoenix, AZ For $20M
SOLD
$20,000,000
Arizona
See Similar DealsOther81,907 SF
Sold 05/31/22
SOLD
Woodside Health Development Acquires Medical Center In Phoenix, AZ For $20M
20414 North 27th Avenue, Phoenix, Arizona 85027, United States
See Similar DealsOther81,907 SF
Sold 05/31/22
Summary
ARIZONA
Asset Type:Other
Price Per Square Foot:$244
Total Square Footage:81,907 SF
Transaction Type:Sale
The medical center located at 20414 N 27th Ave in Phoenix, AZ has been sold for a total price of $20,000,000. The property spans 81,907 square feet, resulting in a price per square foot of $244. The transaction took place on 06/01/20.
Summary of transation details
- Property Type: Medical Center
- Transaction Amount: $20,000,000
- Address: 20414 N 27th Ave, Phoenix, AZ
- Market: Phoenix, AZ
The buyer in this transaction is Woodside Health Development, while the seller is Talia Jevan Properties. The deal was facilitated by Eric Wichterman from the Cushman & Wakefield agency.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,066,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$71,055.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$94,810.20
Annual Debt Service$1,137,722.44
Is there something missing? Send suggestions