Harbor Capital Acquires Industrial Property In San Antonio From Becknell Industrial/UBS
10120 Fischer Rd Von Ormy, TX 78073, USA
Building Size
198,000 SF
Asset Type
Industrial
Closing
Aug 17, 2023
AI
The industrial property located at 10120 Fischer Road in San Antonio has been sold. The property spans over 198,000 square feet, making it a substantial asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 10120 Fischer Road
- Market: San Antonio
- Size: 198,000 square feet
Harbor Capital is the buyer of this industrial property, while Becknell Industrial/UBS acted as the seller. Stan Nowak from Avison Young represented Harbor Capital as their buyer's representative in this transaction.
Players
Von Ormy Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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