Updated Jan 27, 2025
BND Holdings Acquires Industrial Asset At 6251 Rittiman Road In San Antonio For $10.165M
6251 Rittiman Road
$10,165,000
$88/SF
Building Size
115,288 SF
Asset Type
Industrial
Closing
Jan 24, 2025
About this deal
AI
The asset involved in this transaction is located at 6251 Rittiman Road, San Antonio, and consists of an industrial property with a total square footage of 115,288. The property was sold for a transaction price of $10,165,000, resulting in a price per square foot of $88.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,165,000
- Address: 6251 Rittiman Road
- Market: San Antonio
- Square Footage: 115,288
- Price Per Square Foot: $88
- Buyer: Martin Segal, Rob Logan & Rebecca Weinerman - BND Holdings
- Seller: North Point Vistas
- Broker: Alexander Harrold - Matthews Real Estate Investment Services
This transaction was facilitated by Alexander Harrold, who represents Matthews Real Estate Investment Services. The buyer group consists of Martin Segal, Rob Logan, and Rebecca Weinerman, all representing BND Holdings in this deal. The seller of the property is North Point Vistas.
On the Map
$10,165,000
$88/SF
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
1.56%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93