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17627 Overlook Loop, San An...

Updated Dec 21, 2023

StorageMart Acquires Storage Facility In San Antonio
SOLD

StorageMart Acquires Storage Facility In San Antonio

17627 Overlook Loop, San Antonio, Texas 78259, United States

Building Size

Asset Type

Closing

Mar 10, 2022

About this deal

AI

A storage facility located at 17627 Overlook Loop in San Antonio has been sold in a recent transaction. The property, owned by an undisclosed seller, was acquired by StorageMart. The storage facility is characterized by its convenient location and offers ample space for storage. The transaction took place on March 11, 2022.

Summary of transaction details:

  • Property Type: Storage Facility
  • Transaction Amount: Not disclosed
  • Address: 17627 Overlook Loop, San Antonio
  • Market: San Antonio

The acquisition of the storage facility was made by StorageMart, with Alex Burnam representing the buyer. The details of the deal, such as the purchase price and the square footage of the facility, were not disclosed. The transaction marks an important step for StorageMart in expanding its presence in the storage industry.

Players

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

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