Updated Dec 5, 2024
MDH Partners Acquires Industrial Property In San Antonio, TX For $11.3M
7042 Industrial Way
$11,300,000
$74/SF
Building Size
151,793 SF
Asset Type
Industrial
Closing
Aug 18, 2021
About this deal
AI
The industrial property located at 7042 Industrial Way in San Antonio, TX has been sold for a price of $11,300,000. The property encompasses 151,793 square feet and was acquired by MDH Partners. The sale price equates to a per square foot rate of $74.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,300,000
- Square Footage: 151,793
- Address: 7042 Industrial Way, San Antonio, TX
- Market: San Antonio, TX
The seller of the property was IGX Industrial Group Southwest, represented by Ron Mills. The buyer, MDH Partners, was represented by Joshua Peck and Susan Annis of GFI Realty.
On the Map
$11,300,000
$74/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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93