Senior Living Investment Brokerage Acquires Senior Housing In El Paso
7949 Sunmount Drive, El Paso, TX, USA
Building Size
—
Asset Type
Other
Closing
Feb 14, 2021
AI
A senior housing property located at 7949 Sunmount Drive & 5901 Bandolero Drive in El Paso has recently been sold. The transaction for this property took place on February 15, 2021. The property consists of 167 units and is situated in the El Paso market.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: Not specified
- Address: 7949 Sunmount Drive & 5901 Bandolero Drive
- Market: El Paso
- Units: 167
The sale of this senior housing property was facilitated by Ryan Saul and Matthew Alley from Senior Living Investment Brokerage (SLIB). They represented the buyers and sellers in this transaction.
Players
El Paso Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
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