CareTrust REIT Inc Acquires Medical Facility In Ennis With Greg Stapley & Dave Sedgwick
1200 South Hall Street, Ennis, Texas 75119, United States
Building Size
—
Asset Type
Other
Closing
Feb 21, 2022
About this deal
AI
A medical facility located at 1200 S Hall St in Ennis has been sold in a recent transaction. The facility, which consists of 155 beds, was purchased by CareTrust REIT Inc. The sale was completed on 02/22/2022, with Greg Stapley and Dave Sedgwick representing the buyer.
Summary of transaction details:
- Property Type: Medical Facility
- Transaction Date: 02/22/2022
- Address: 1200 S Hall St
- Market: Ennis
- Asset Type: Medical Facility
- Beds: 155
- Buyer: CareTrust REIT Inc - Greg Stapley & Dave Sedgwick
CareTrust REIT Inc, represented by Greg Stapley and Dave Sedgwick, acquired a medical facility with 155 beds located at 1200 S Hall St in Ennis. The transaction was completed on 02/22/2022.
Players
Ennis Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
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