Ackerman & Co. Acquires Medical Office In San Antonio For 34,164 SF
14615 San Pedro Avenue, Hill Country Village, TX, USA
Building Size
34,164 SF
Asset Type
Office
Closing
Oct 15, 2021
About this deal
AI
A medical office located at 14615 San Pedro Ave in San Antonio has been sold in a recent transaction. The property spans approximately 34,164 square feet and is situated in the San Antonio market.
Summary of transation details
- Property Type: Medical Office
- Transaction Amount: Not provided
- Address: 14615 San Pedro Ave
- Market: San Antonio
- Square Footage: 34,164
The buyer in this transaction is Ackerman & Co. The deal was facilitated by CBRE, with the following brokers representing the buyer: Scott Herbold, Michael Dewey, Amber Austin, and Ashlee Wells.
On the Map
Office
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Players
San Antonio Office Market Snapshot
Boundary boundary · Office · 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