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Shannon Ralston - Angel Staffing Acquires Ranch In San Antonio From Norma & George Strait

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SOLD
$6,900,000

National

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Sold 12/23/2021
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Property Image
SOLD

Shannon Ralston - Angel Staffing Acquires Ranch In San Antonio From Norma & George Strait

Sold 12/23/2021
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Summary

Transaction Type:Sale

Players

1 deal$6.9M volume
BROKER

Details

SOLD
IMAGE: Tamara Strait DATE: 12/23/2021 MARKET: San Antonio ASSET TYPE: Ranch ~ SF: 8,000 ~ ACRES: 12 BUYER: Shannon Ralston - Angel Staffing SELLER: Norma & George Strait BROKER: Tamara Strait - Strait Luxury ASKING PRICE: $6,900,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$367,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$24,514.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,709.52
Annual Debt Service$392,514.24