CP SAT Hotel LLC Acquires Hotel In San Antonio For Sale At 1111 NE Interstate 410 Loop
1111 NE Interstate 410 LoopSan Antonio, TX 78209, USA
Building Size
—
Asset Type
Hotel
Closing
Sep 26, 2022
About this deal
AI
A hotel located at 1111 NE Interstate 410 Loop in San Antonio has been sold in a recent transaction. The sale took place on 09/27/2022. The property was listed by Salman Tabani on Instagram, who shared an image of the hotel. The hotel is situated in the San Antonio market and is classified as a hotel asset.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: Not specified
- Buyer: CP SAT Hotel LLC
- Broker: Tabani Realty
CP SAT Hotel LLC is the buyer in this deal, while Tabani Realty acted as the broker representing the parties involved.
Players
Lometa Hotel Market Snapshot
Boundary boundary · Hotel · 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