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Northmarq Arranges $15.3M Loan For Industrial Flex Properties In Austin, San Antonio & Schertz

Property Image
FINANCED
$15,300,000

Texas

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Industrial100 SF
Financed 03/08/2022
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Property Image
FINANCED

Northmarq Arranges $15.3M Loan For Industrial Flex Properties In Austin, San Antonio & Schertz

Austin, Texas

See Similar Deals
Industrial100 SF
Financed 03/08/2022
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$153,000
Total Square Footage:100 SF
Transaction Type:Loan

The Industrial Flex Properties located in Austin, San Antonio, and Schertz has been involved in a recent transaction. This industrial property spans a total area of 100,388 square feet. The loan for this transaction amounted to $15,300,000. The deal was facilitated by Bryan Leonard from Northmarq as the broker representing the parties involved.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $15,300,000
  • Address: Industrial Flex Properties
  • Market: Austin, San Antonio & Schertz
  • Square Footage: 100,388 SF

Bryan Leonard, from Northmarq, played a crucial role in this transaction as the broker. Their expertise and representation helped facilitate the deal for the buyer, seller, landlord, or tenant involved.

Players

Bryan Leonard
6 deals$347.4M volume(210) 734-1844
BROKER

Details

FINANCED
IMAGE: Bryan Leonard DATE: 08/03/2022 ADDRESS: Industrial Flex Properties MARKET: Austin, San Antonio & Schertz ASSET TYPE: Industrial ~ SF: 100,388 BROKER: Bryan Leonard - Northmarq (@Northmarq) LOAN AMOUNT: $15,300,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$15,300,000.00

Monthly NOI$102,000.00
Monthly Debt Service$96,706.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00