Ocean 4 LLC Acquires Property From Best Personal Care LLC At 7741 Tanglewilde St For $15,610
7741 Tanglewilde St, Houston, TX, 77...
$15,610
Building Size
—
Asset Type
Hospital
Closing
Nov 19, 2023
AI
The 15,610-square-foot facility situated at 7741 Tanglewilde St, Houston, TX has been sold for $15,610. The property features 46 licensed beds and is located on the southwest side of the city. Best Personal Care LLC, a behavioral health assisted living operator, was the seller in this transaction.
Summary of transaction details:
- Property Type: Assisted Living Facility
- Transaction Amount: $15,610
- Address: 7741 Tanglewilde St, Houston, TX
- Market: Houston
- Seller: Best Personal Care LLC
- Buyer: Ocean 4 LLC
- Seller's Representative: Elena Bakina - Colliers International
- Buyer's Representative: Richard Copeland - Keller WilliamsCommercial
Elena Bakina from Colliers International represented the seller, Best Personal Care LLC, while Richard Copeland of Keller Williams Commercial handled the representation for the buyer, Ocean 4 LLC, throughout the transaction process.
Players
Houston Hospital Market Snapshot
Boundary boundary · Hospital · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1016.21%
Cash-on-Cash
-290.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93