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3417 Sherwood Way, San Ange...

Shannon Medical Center Acquires Emergency Center In San Angelo For SF 8,432
SOLDOther

Shannon Medical Center Acquires Emergency Center In San Angelo For SF 8,432

3417 Sherwood Way, San Angelo, TX 76901, USA

Building Size

84,320 SF

Asset Type

Other

Closing

Jun 18, 2020

AI

An Emergency Center located at 3417 Sherwood Way in San Angelo has been sold in a closed transaction. The property measures 8,432 square feet and was purchased by Shannon Medical Center, with Shane Plymell representing the buyer.

Summary of transaction details:

  • Property Type: Emergency Center
  • Transaction Amount: Not specified
  • Address: 3417 Sherwood Way
  • Market: San Angelo
  • Size: 8,432 square feet

Representing Shannon Medical Center in the deal were Scott Herbold, Austin Barrett, and Scott Carter from CBRE, Texas Healthcare Group. They acted as brokers and facilitated the transaction.

Players

Austin Barrett

JLL

Broker

1 deal

Broker

San Angelo 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