JuLa Investments Acquires Medical Office Building In Fort Worth For $Undisclosed
6635 Sandshell Blvd, Fort Worth, TX, USA
Building Size
5,010 SF
Asset Type
Office
Closing
Apr 24, 2021
AI
A medical office located at 6635 Sandshell Blvd in Fort Worth has been sold in a recent transaction. The property, with a total square footage of 5,010 and sitting on 0.52 acres, was sold on April 25, 2021.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: Not available
- Address: 6635 Sandshell Blvd, Fort Worth
- Market: Fort Worth
The seller of the property was Southland RE Properties, LLC. JuLa Investments LLC acted as the buyer in the transaction. The seller was represented by Erik Blais from Bradford Commercial Real Estate Services, while the buyer was represented by Don Phifer from Phifer & Associates Inc.
Players
Fort Worth 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