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156 North Maag Avenue

Terravet Real Estate Solutions Acquires Hospital From Edward Trathan For $6 Million In Oakdale
SOLDHospital

Terravet Real Estate Solutions Acquires Hospital From Edward Trathan For $6 Million In Oakdale

156 North Maag Avenue

$6,000,000

$461/SF

Building Size

13,000 SF

Asset Type

Hospital

Closing

Jul 25, 2025

AI

The asset involved in this transaction is a hospital located at 156 North Maag Avenue in Oakdale. The property encompasses a total of 13,000 square feet and was sold for $6,000,000, which equates to a price per square foot of $461.

Summary of transation details:

  • Property Type: Hospital
  • Transaction Amount: $6,000,000
  • Address: 156 North Maag Avenue
  • Market: Oakdale
  • Square Footage: 13,000
  • Price Per Square Foot: $461
  • Buyer: Terravet Real Estate Solutions
  • Seller: Edward Trathan
  • Seller's Representatives: Dimitre Petrov, Giovanna Brazil, Thomas Beniamen & Dylan Brazil - Commercial Real Estate Investors

The buyer in this transaction is Terravet Real Estate Solutions, while the seller is Edward Trathan. The deal was represented by Dimitre Petrov, Giovanna Brazil, Thomas Beniamen, and Dylan Brazil from Commercial Real Estate Investors who acted on behalf of the seller.

Players

Dimitre Petrov

Commercial Real Estate Investors

Broker

$36.1M

vol

6 deals

Broker
Commercial Real Estate Investors
Commercial Real Estate InvestorsBrokerage

Oakdale Hospital Market Snapshot

Boundary boundary · Hospital · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93