Physician Real Estate Capital Advisors Acquires Medical Office In Waterloo, Iowa For $16.4M
SOLD
$16,410,000
30,235 SF
Sold 07/01/2022
SOLD
Physician Real Estate Capital Advisors Acquires Medical Office In Waterloo, Iowa For $16.4M
419 East Donald Street, Waterloo, Iowa 50703, United States
See Similar Deals30,235 SF
Sold 07/01/2022
Summary
IOWA
Price Per Square Foot:$542
Total Square Footage:30,235 SF
Transaction Type:Sale
Located in Waterloo, Iowa, a medical office property at 419 Donald Street & 2413 West Ridgeway recently changed hands in a closed sale transaction. The property, spanning 30,235 square feet, was sold for a total price of $16,410,000, resulting in an average price per square foot of $543.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $16,410,000
- Square Footage: 30,235
- Market: Waterloo, Iowa
The sale was facilitated by Scott Niedergang, representing Physician Real Estate Capital Advisors (PRECAP) and JDS Real Estate Services, Inc. Scott Niedergang acted as the broker in this transaction, connecting the buyer and seller.
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)
$875,200.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$58,301.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$77,791.77
Annual Debt Service$933,501.26
Is there something missing? Send suggestions