Updated Apr 10, 2025
Jeremy Mercer & Will Narduzzi Acquire Industrial Asset From Doug Malone At 141 Balcones Road
141 Balcones North Road
Building Size
12,802 SF
Asset Type
Industrial
Closing
Apr 3, 2025
About this deal
AI
The property asset involved in this transaction is an industrial space located at 141 Balcones Road, San Antonio, with a total square footage of 12,802. The transaction was finalized on April 3, 2025.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Provided
- Buyer: Jeremy Mercer & Will Narduzzi
- Seller: Doug Malone
- Brokers: Jeffery Miller & Michael Kelleher - Matthews Real Estate Investment Services
The transaction was facilitated by brokers Jeffery Miller and Michael Kelleher, representing the buyers Jeremy Mercer and Will Narduzzi in this deal, while Doug Malone was the seller of the property.
On the Map
Industrial
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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