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135 Vision Park Boulevard, ...

Updated Dec 21, 2023

Montecito Medical Acquires Medical Facility In The Woodlands For $23,731SF
SOLDMultiFamily

Montecito Medical Acquires Medical Facility In The Woodlands For $23,731SF

135 Vision Park Boulevard, The Woodlands, TX, USA

Building Size

23,731 SF

Asset Type

MultiFamily

Closing

Jun 15, 2020

About this deal

AI

A medical facility located at 135 Vision Park Blvd in The Woodlands has been sold. The property, spanning 23,731 square feet, was sold on June 15, 2021.

Summary of transaction details:

  • Property Type: Medical Facility
  • Sale Date: 06/15/2021
  • Address: 135 Vision Park Blvd
  • Market: The Woodlands
  • Square Footage: 23,731 SF

Montecito Medical Real Estate, represented by Chip Conk & Glenn Preston, acquired the property.

Traded’s record for 135 Vision Park Boulevard, The Woodlands, TX, USA in Shenandoah, Texas covers a multifamily sale from 2020. The building is 23,731 square feet, implying about 0 per square foot on the published price. This page is the Shenandoah, Texas file for the 135 Vision Park Boulevard, The Woodlands, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Shenandoah sit in the Market section below. Filter that Shenandoah multifamily set by closing date to see what else sold near 135 Vision Park Boulevard, The Woodlands, TX, USA around 2020. Cite this Montecito Medical Acquires Medical Facility In The Woodlands For $23,731SF sale when underwriting similar multifamily product around Shenandoah, Texas.

Players

Shenandoah MultiFamily Market Snapshot

Boundary boundary · MultiFamily · 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

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