Updated Jul 30, 2025
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
About this deal
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.
On the Map
$6,000,000
$461/SF
Hospital
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Players
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