Clint Riley Acquires Industrial Property At 1802 Austin Highway From Capital Real Estate Investments
1802 Austin Highway
Building Size
11,470 SF
Asset Type
Industrial
Closing
Dec 16, 2024
AI
The property asset involved in this transaction is an industrial property located at 1802 Austin Highway, San Antonio. The building spans a total of 11,470 square feet and is part of a defined market sector.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1802 Austin Highway
- Market: San Antonio
- Buyer: Clint Riley
- Seller: Capital Real Estate Investments
- Buyer's Representative: Chase Miller - NAI Robert Lynn
- Seller's Representatives: Troup Rolland & Matt Cooper - Capital Real Estate Commercial
- Date of Transaction: 12/16/2024
The deal involved representatives from both sides, with Chase Miller acting on behalf of the buyer, Clint Riley, while Troup Rolland and Matt Cooper represented the seller, Capital Real Estate Investments. The completion of this transaction highlights the collaborative efforts of the brokerage firms involved in facilitating the deal.
Players
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