Alliance Consolidated Group Of Companies Acquires Medical Facility In College Station & Brenham For $6.1M
1730 Birmingham Road, College Station, TX, USA
$6,075,000
$377/SF
Building Size
16,097 SF
Asset Type
MultiFamily
Closing
May 17, 2021
AI
An 16,097 square foot medical facility located at 1730 Birmingham Road & 539 Medical Parkway in College Station & Brenham has been sold for $6,075,000. The property was purchased by Alliance Consolidated Group of Companies, represented by Ben Reinberg.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $6,075,000
- Address: 1730 Birmingham Road & 539 Medical Parkway
- Market: College Station & Brenham
- Buyer: Alliance Consolidated Group of Companies - Ben Reinberg
- Square Footage: 16,097
- Price per Square Foot: $37
Ben Reinberg, representing Alliance Consolidated Group of Companies, was the buyer in this transaction. The medical facility is located in College Station & Brenham.
College Station 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
2.61%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93