Jackson County Hospital District Acquires Medical Office At 1008 N. Wells St. In Edna
1008 North Wells Street, Edna, TX 77957
Building Size
5,523 SF
Asset Type
Office
Closing
Nov 18, 2020
AI
The medical office located at 1008 N. Wells Street in Edna has been sold in a recent transaction. Spanning across 5,523 square feet, this property was purchased by Jackson County Hospital District from the seller, BOSCO LLC.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: Not available
- Address: 1008 N. Wells Street
- Market: Edna
- Square Footage: 5,523 SF
The buyer, Jackson County Hospital District, acquired the medical office with the assistance of their representatives from JLL - Donna Kolius, Pierce Owens, & Becca Dale. This deal marks a significant transaction in the Edna market.
Players
Edna Office Market Snapshot
Boundary boundary · Office · 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