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317 West Jones Avenue

Updated Dec 4, 2024

David Adelman Acquires Industrial Property In San Antonio From Chuck Escobedo
SOLDIndustrial

David Adelman Acquires Industrial Property In San Antonio From Chuck Escobedo

317 West Jones Avenue

Building Size

9,425 SF

Asset Type

Industrial

Closing

Dec 5, 2023

About this deal

AI

The industrial property located at 317 West Jones Avenue in San Antonio, TX has been sold in a recent transaction. The property spans over 9,425 square feet, offering ample space for industrial operations. The sale was finalized on 12/05/2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 317 West Jones Avenue, San Antonio, TX
  • Market: San Antonio, TX
  • Square Footage: 9,425

The buyer of the property was David Adelman, while the seller was Chuck Escobedo. The deal was facilitated by Jeffery Miller and Michael Kelleher from Matthews Real Estate Investment Services, who represented their respective clients in the transaction.

On the Map

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Industrial

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Players

Jeffery Miller

Matthews

Broker

$29.2M

vol

23 deals

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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

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