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2501 South Earl Rudder Free...

Updated Oct 29, 2024

Big Sky Medical Acquires Life Science Property In College Station, TX From Oldham Goodwin Capital
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Big Sky Medical Acquires Life Science Property In College Station, TX From Oldham Goodwin Capital

2501 South Earl Rudder Freeway, College Station, Texas 77845, United States

Building Size

175 SF

Asset Type

Other

Closing

Sep 11, 2022

About this deal

AI

Located at 2501 Earl Rudder Freeway South in College Station, TX, this life science property spans 175,752 square feet and sits on 52 acres. The transaction was finalized on November 9, 2022, with Big Sky Medical acquiring the property from Oldham Goodwin Capital, represented by Mike Henderson. The lender for the deal was Capital One.

Summary of transation details

  • Property Type: Life Science
  • Transaction Amount: N/A
  • Address: 2501 Earl Rudder Freeway South, College Station, TX
  • Market: College Station, TX
  • Square Footage: 175,752
  • Acres: 52

Mike Henderson of Oldham Goodwin Capital represented the seller in this transaction. Capital One served as the lender for the deal.

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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

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