Updated Dec 4, 2024
Stan Nowak Of Partners Real Estate Represents Buyer In 26-Acre Von Ormy Industrial Sale
14603 Speedway Park & 14710 Speedway Park
Building Size
—
Asset Type
Industrial
Closing
May 2, 2024
About this deal
AI
An industrial outdoor storage facility spanning 26 acres was sold in Von Ormy, including a 7,500-square-foot truck terminal building. The property is located at 14603 & 14710 Speedway Park in Von Ormy, near San Antonio.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Broker: Stan Nowak - Partners Real Estate
- Buyer: Private equity firm
- Leasing Agent: Partners Real Estate
Stan Nowak from Partners Real Estate served as the buyer's representative in the sale of the industrial property. The buyer, a private equity firm, entrusted Partners Real Estate with the leasing of the acquired asset.
On the Map
Industrial
View full map
Von Ormy Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Von Ormy industrial sales on Traded.
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