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
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.
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