David Parker Acquires Whitehouse Veterinary Hospital From Kirk Reese For $X,XXX,XXX With Brokers Daniel Solomon & Jackie Moeller
104 West Main Street
Building Size
2,516 SF
Asset Type
Other
Closing
Sep 21, 2026
About this deal
AI
The transaction involved the sale of a veterinary hospital located at 104 West Main Street in Whitehouse. The property is a veterinary real estate investment with a total square footage of 2,516. The transaction highlights the specialization in veterinary healthcare properties within the Tyler, TX MSA.
Summary of transaction details:
- Property Type: Veterinary Hospital
- Transaction Amount: Not specified
- Address: 104 West Main Street
- Market: Whitehouse
- Buyer: David Parker
- Seller: Kirk Reese
- Broker Representatives: Daniel Solomon & Jackie Moeller - Kidder Mathews
Daniel Solomon and Jackie Moeller of The Solomon Healthcare Advisory Team represented the seller in this transaction. Their selection was based on their specialized expertise and a proven track record in the veterinary real estate market, reinforcing their active presence in Texas and the Western United States.
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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