New Haven - Assisted Living & Memory Care Acquires Senior Housing Asset In Kerrville
747 Alpine Drive, Kerrville, TX, USA
Building Size
77,537 SF
Asset Type
Other
Closing
Feb 16, 2021
About this deal
AI
The senior housing property located at 747 Alpine Drive in Kerrville has been sold. The transaction took place on February 17, 2021. The property comprises 36 units and is situated in the Kerrville market. The sale was facilitated by Blueprint Healthcare Real Estate Advisors.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: Not specified
- Address: 747 Alpine Drive
- Market: Kerrville
- Units: 36
Justin Yarmark, representing New Haven - Assisted Living & Memory Care, was the buyer of the senior housing property. Blueprint Healthcare Real Estate Advisors acted as the broker in the transaction.
Players
Kerrville 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