The Ensign Group Inc. Acquires Nursing Facility At 9 Medical Drive In Amarillo
9 Medical Dr, Amarillo, TX 79106, USA
Building Size
31,339 SF
Asset Type
Other
Closing
Nov 8, 2020
About this deal
AI
The Ensign Group Inc., represented by Christopher R. Christensen, has acquired a nursing facility located at 9 Medical Drive in Amarillo. The property consists of 82 units and was purchased on November 9, 2020.
Summary of transaction details
- Property Type: Nursing Facility
- Transaction Amount: Not disclosed
- Address: 9 Medical Drive
- Market: Amarillo
At the time of acquisition, the nursing facility was 45 percent occupied. There is no further information available regarding the transaction.
Traded’s record for 9 Medical Dr, Amarillo, TX 79106, USA in Amarillo, Texas covers a other sale from 2020. Reported inventory is 31,339 square feet across 82 units, or about 0 per square foot. Named participants on the 9 Medical Dr, Amarillo, TX 79106, USA sale are Christopher R. Christensen. This page is the Amarillo, Texas file for the 9 Medical Dr, Amarillo, TX 79106, USA other sold: pricing, party profiles, and other closed other comps from the same Amarillo sit in the Market section below. Filter that Amarillo other set by closing date to see what else sold near 9 Medical Dr, Amarillo, TX 79106, USA around 2020. Cite this The Ensign Group Inc. Acquires Nursing Facility At 9 Medical Drive In Amarillo sale when underwriting similar other product around Amarillo, Texas.
Amarillo 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