Ridgeline Capital Partners Acquires Medical Office In Fort Worth From SkyWalker Property Partners
5612 Edwards Ranch Road
Building Size
20,200 SF
Asset Type
Office
Closing
Oct 1, 2021
AI
A medical office property located at 5612 Edwards Ranch in Fort Worth has been sold. The property has a total area of 20,200 square feet. The transaction took place on October 1, 2021.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: Not specified
The buyer of the property is Ridgeline Capital Partners, represented by Jeff Axley. The seller is SkyWalker Property Partners. The brokers involved in the deal are Elliot LaBreche and Abigail Kind from The Easton Group.
Players
Fort Worth 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