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80 East Woodbury Drive

Crown MedRealty Partners Acquires Medical Office Building In Dayton For $2.5 Million
SOLDMedical Office

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

Mike Sullivan

Cushman & Wakefield

Broker

$21M

vol

2 deals

Broker
JLL
JLLBrokerage

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