StorageMart Acquires Storage Facility In San Antonio
1663 Horal Drive, San Antonio, Texas 78227, United States
Building Size
—
Asset Type
Other
Closing
Mar 17, 2022
About this deal
AI
A storage facility located at 1663 Horal Street in San Antonio has been sold in a recent transaction. The property, owned by Cris Burnam, was purchased by StorageMart. The exact sale price and square footage of the facility were not provided.
Summary of transaction details:
- Property Type: Storage Facility
- Transaction Date: 03/18/2022
- Address: 1663 Horal Street
- Market: San Antonio
- Buyer: StorageMart - Cris Burnam
StorageMart, represented by Cris Burnam, acquired the storage facility located at 1663 Horal Street in San Antonio. The deal was finalized on 03/18/2022.
Players
San Antonio 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