Senior Living Investment Brokerage Acquires Medical Facility In Sherman For $Undisclosed
1000 Sara Swamy Drive, Sherman, Texas 75090, United States
Building Size
39 SF
Asset Type
Other
Closing
Apr 17, 2023
About this deal
AI
A medical facility located at 1000 Sara Swamy Dr in Sherman has been sold. The facility spans 39,211 square feet and sits on a 5-acre plot of land. It features 132 beds, making it suitable for accommodating patients. The transaction was completed on January 18, 2023.
Summary of transation details
- Property Type: Medical Facility
- Transaction Amount: Not specified
- Address: 1000 Sara Swamy Dr
- Market: Sherman
- Square Footage: 39,211
- Beds: 132
- Acres: 5
The sale of this medical facility was facilitated by Matthew Alley and Ryan Saul, who represent Senior Living Investment Brokerage (SLIB).
On the Map
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Players
Sherman Other Market Snapshot
Boundary boundary · Other · 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