Updated Sep 9, 2024
Ronald Travis Acquires Industrial Property In San Antonio For $740,000
7310 Caribou St San Antonio, TX 78238, USA
$740,000
$103/SF
Building Size
7,120 SF
Asset Type
Industrial
Closing
May 26, 2023
About this deal
AI
The industrial property located at 7310 Caribou Street in San Antonio, was recently sold in a transaction. The property spans across 7,120 square feet and was sold for $740,000, resulting in a price per square foot of $104.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $740,000
- Address: 7310 Caribou Street
- Market: San Antonio
The buyer of the property is Ronald Travis, while the seller is Rocky Nelson. The deal was facilitated by Jeffery Miller and Michael Kelleher from Matthews Real Estate Investment Services.
Players
Texas 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
21.44%
Cash-on-Cash
-6.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93