Citadel Venture Holdings Acquires Office Building In San Antonio From Partners Capital, Andrew Pappas
SW Loop 410 Access Rd, San Antonio, TX, USA
Building Size
85,368 SF
Asset Type
Office
Closing
Jan 24, 2021
About this deal
AI
An office property located at SW Loop 410 in San Antonio has been sold in a recent transaction. The property spans across 85,368 square feet, offering ample space for office operations.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Date: 01/25/2021
- Address: SW Loop 410, San Antonio
- Market: San Antonio
- Asset Type: Office
- Square Footage: 85,368
The seller of the property is Partners Capital, represented by Andrew Pappas. On the other hand, the buyer is Citadel Venture Holdings. The deal was facilitated by Carrie Caesar from Cushman & Wakefield serving as the broker.
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