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
About this deal
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.
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San Angelo Other Market Snapshot
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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