Fort Capital Acquires Industrial Property In San Antonio From Forester Properties
12005 Starcrest Drive, San Antonio, Texas 78247, United States
Building Size
465 SF
Asset Type
Industrial
Closing
Dec 14, 2022
AI
An industrial property located at 12005-12095 Starcrest Drive in San Antonio has been sold in a recent transaction. The property spans approximately 465,648 square feet and was listed by Forester Properties.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: San Antonio
- Image: Jason Baxter
- Date: 12/14/2022
- Buyer: Fort Capital - Jason Baxter
- Seller: Forester Properties
The buyer in this transaction is Fort Capital, represented by Jason Baxter, while the seller is Forester Properties.
Players
San Antonio Industrial Market Snapshot
Boundary boundary · Industrial · 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