Andover Properties LLC Acquires Self Storage Facility On Galm Road In San Antonio
13806 Galm Road, San Antonio, TX, USA
Building Size
66,338 SF
Asset Type
Other
Closing
Nov 30, 2020
About this deal
AI
An self-storage property located at 13806 Galm Road in San Antonio has been sold. The transaction took place on 12/01/2020. The property spans 66,338 square feet and consists of 534 units. The buyer of the property is Andover Properties LLC.
Summary of transation details
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Address: 13806 Galm Road
- Market: San Antonio
- Square Footage: 66,338
- Units: 534
The sale of this self-storage property was facilitated by Jon Danklefs of Marcus & Millichap, representing the buyer, Andover Properties LLC.
Players
San Antonio 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