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3033 Gessner Road, Houston,...

Updated Oct 28, 2024

Discovery Behavioral Health Acquires Medical Facility In Houston From Memorial Hermann Health System
SOLDOther

Discovery Behavioral Health Acquires Medical Facility In Houston From Memorial Hermann Health System

3033 Gessner Road, Houston, TX 77080, USA

Building Size

78,950 SF

Asset Type

Other

Closing

Aug 20, 2020

About this deal

AI

A medical facility located at 3033 Gessner Rd in Houston has recently been sold. The transaction took place on August 20, 2021. The property in question is a medical facility in Houston.

Summary of transaction details:

  • Property Type: Medical Facility
  • Transaction Amount: Not specified
  • Address: 3033 Gessner Rd
  • Market: Houston

Discovery Behavioral Health acquired the medical facility from Memorial Hermann Health System represented by David L. Callender.

Traded’s record for 3033 Gessner Road, Houston, TX 77080, USA in Houston, Texas covers a other sale from 2020. The building is 78,950 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 3033 Gessner Road, Houston, TX 77080, USA other sold: pricing, party profiles, and other closed other comps from the same Houston sit in the Market section below. Filter that Houston other set by closing date to see what else sold near 3033 Gessner Road, Houston, TX 77080, USA around 2020. Cite this Discovery Behavioral Health Acquires Medical Facility In Houston From Memorial Hermann Health System sale when underwriting similar other product around Houston, Texas.

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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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