Reza Mizani Purchases Healthcare Asset In San Antonio For $5.5 Million With Brokers Daniel Gonzalez And Connor Knauer
8119 South Flores Street
$5,500,000
$339/SF
Building Size
16,212 SF
Asset Type
Hospital
Closing
Dec 31, 2024
AI
The property asset involved in the transaction is a healthcare facility located at 8119 South Flores Street in San Antonio. The sale closed for $5,500,000, encompassing a total square footage of 16,212, which translates to a price per square foot of $339.
Summary of transaction details:
- Property Type: Healthcare
- Transaction Amount: $5,500,000
- Address: 8119 South Flores Street
- Market: San Antonio
- Square Footage: 16,212
- Price Per Square Foot: $339
- Buyer: Reza Mizani
- Broker: Daniel Gonzalez & Connor Knauer - Matthews Real Estate Investment Services
- Sale Date: 12/31/2024
Reza Mizani is the buyer of the property, while the transaction was facilitated by Daniel Gonzalez and Connor Knauer from Matthews Real Estate Investment Services, representing the parties involved in the deal.
Players
San Antonio 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93