TRECAP Loop 410 Partners & RAH Santa Fe Acquires Industrial Property In San Antonio
8555 Northeast Loop 410, San Antonio, Texas 78219, United States
Building Size
40,800 SF
Asset Type
Industrial
Closing
Apr 10, 2022
AI
8555 Northeast Loop 410, an industrial property located in San Antonio, was recently sold in a transaction. The property spans an area of 40,800 square feet and sits on 2.09 acres of land.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
The buyer of the property was TRECAP Loop 410 Partners, LLC & RAH Santa Fe, LLC, while EJ Morales III Holdings acted as the seller. Representing the buyer in the deal was Jason Tangen from Colliers, while the seller was represented by Zachary Taylor from Colliers and Charles W. Hargis from Endura Advisory Group.
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