Bryan Huddleston Purchases Industrial Property From Mark Smith In San Marcos For $X Million
San Marcos Parkway
Building Size
10,000 SF
Asset Type
Industrial
Closing
May 6, 2025
AI
The property asset involved in the transaction is an industrial space located at 238 HP Business Drive in the San Marcos market. The asset has a total square footage of 10,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Buyer: Bryan Huddleston
- Seller: Mark Smith
- Brokers: Jeffery Miller & Michael Kelleher - Matthews Real Estate Investment Services
- Transaction Date: 5/6/2025
Key individuals in this transaction include the buyer, Bryan Huddleston, and the seller, Mark Smith, who engaged the services of brokers Jeffery Miller and Michael Kelleher from Matthews Real Estate Investment Services to facilitate the deal.
Players
San Marcos 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