Crown MedRealty Partners Acquires Medical Office Building In Dayton For $2.5 Million
80 East Woodbury Drive
$2,500,000
$192/SF
Building Size
13,000 SF
Asset Type
Medical Office
Closing
Apr 23, 2025
AI
A 13,000-square-foot medical outpatient building located at 80 East Woodbury Drive in Dayton, OH, was sold for $2,500,000. The property is fully leased to CVP Physicians Dayton.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $2,500,000
- Address: 80 East Woodbury Drive
- Market: Dayton, OH
- Square Footage: 13,000
- Price Per Square Foot: $192
- Buyer: Steve Bessenbacher - Crown MedRealty Partners
- Seller: Eclipse Medical LLC
- Broker: Mike Sullivan - Cushman & Wakefield
Crown MedRealty Partners has expanded its portfolio in Ohio to include 23 medical office buildings with this acquisition. The transaction was facilitated by Mike Sullivan from Cushman & Wakefield, representing the buyer in this deal.
Players
Dayton Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93