Merch Media LLC Acquires Office In San Antonio From Paley Realty
415 Milam, San Antonio, TX, USA
Building Size
1,846 SF
Asset Type
Office
Closing
Feb 11, 2021
About this deal
AI
The office property located at 415 Milam in San Antonio has been sold in a transaction that took place on February 12, 2021. The sale was facilitated by Daniel Paley of Paley Realty, representing the seller, and Dave Burggraaf of Evergreen Commercial Real Estate, who represented the buyer, Merch Media LLC. The property spans a total area of 1,846 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 415 Milam, San Antonio
- Market: San Antonio
Merch Media LLC served as the buyer, with their representative being Dave Burggraaf from Evergreen Commercial Real Estate. On the other hand, the seller was represented by Daniel Paley from Paley Realty. The transaction showcases the collaboration between these key individuals and companies in the San Antonio real estate market.
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