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12991 Potranco Road, San An...

Montfort Capital Partners LLC & Blue Vista Capital Acquire Self Storage Facility In San Antonio, TX
SOLD

Montfort Capital Partners LLC & Blue Vista Capital Acquire Self Storage Facility In San Antonio, TX

12991 Potranco Road, San Antonio, TX 78253

Building Size

30,800 SF

Asset Type

Closing

Jun 11, 2020

AI

An self storage property located at 12991 Potranco Road in San Antonio has been recently sold. The transaction took place on 06/11/2021. The property, consisting of 694 units, was sold by Peter Stelian, Robert G. Byron, and Jon Danklefs.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: Not specified
  • Address: 12991 Potranco Road, San Antonio
  • Market: San Antonio

The buyers of this self storage property are Montfort Capital Partners LLC and Blue Vista Capital. They acquired the asset with the representation of Jon Danklefs from Marcus & Millichap.

Players

Jon Danklefs

Marcus & Millichap

Broker

25 deals

Broker
ML
Montfort Capital Partners LLCBuyer

San Antonio CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93