SOLDIndustrial
Alterra Property Group Sells Industrial Property In San Antonio To NAI Partners
6916 Northeast Loop 410, San Antonio, TX, USA
Building Size
7,765 SF
Asset Type
Industrial
Closing
Jan 4, 2021
AI
The industrial property located at 6916 NE Loop 410 in San Antonio has been sold. The transaction took place on January 5, 2021. The property, measuring 7,765 square feet and sitting on 3.86 acres, was part of a closed sale.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Seller: Alterra Property Group
- Broker: Carlos Marquez - NAI Partners
Carlos Marquez from NAI Partners represented Alterra Property Group in the sale of the industrial property.
Players
NAI GlobalBrokerage
Alterra Property GroupSeller
San Antonio Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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