Montecito Medical Acquires 26,000 SF Medical Office In Austin
5200 Davis Lane, Austin, TX 78749, USA
Building Size
26,000 SF
Asset Type
Office
Closing
Sep 14, 2021
About this deal
AI
A medical office located at 5200 Davis Ln in Austin has been sold. The property spans approximately 26,000 square feet.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: Not specified
- Address: 5200 Davis Ln
- Market: Austin
- Buyer: Montecito Medical - Rus Gudnyy & Chip Conk
The buyer of the medical office property is Montecito Medical, represented by Rus Gudnyy & Chip Conk.
Traded’s record for 5200 Davis Lane, Austin, TX 78749, USA in Austin, Texas covers a office sale from 2021. The building is 26,000 square feet, implying about 0 per square foot on the published price. This page is the Austin, Texas file for the 5200 Davis Lane, Austin, TX 78749, USA office sold: pricing, party profiles, and other closed office comps from the same Austin sit in the Market section below. Filter that Austin office set by closing date to see what else sold near 5200 Davis Lane, Austin, TX 78749, USA around 2021. Cite this Montecito Medical Acquires 26,000 SF Medical Office In Austin sale when underwriting similar office product around Austin, Texas.
Players
Austin Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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