Laurence Valls Of Valls Holdings, Ltd. Purchases Retail Asset In San Antonio For $4.26M
1516 East Interstate 10
$4,260,000
$79/SF
Building Size
53,704 SF
Asset Type
Retail
Closing
May 5, 2025
AI
The property asset involved in the transaction is a retail space located at 1516 East Interstate 10, San Antonio, encompassing a total of 53,704 square feet on 7.91 acres. The sale was completed for a transaction amount of $4,260,000, translating to a price per square foot of $79.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,260,000
- Address: 1516 East Interstate 10
- Market: San Antonio
- Asset Size: 53,704 SF
- Acres: 7.91
- Buyer: Laurence Valls - Valls Holdings, Ltd.
- Seller: Charles Ferrell
- Seller's Representative: Patrick Luther, Jake Prater & Matthew Mousavi - SRS Real Estate Partners
- Price per Square Foot: $79
Laurence Valls of Valls Holdings, Ltd. acquired the property from seller Charles Ferrell, with the transaction being represented by Patrick Luther, Jake Prater, and Matthew Mousavi of SRS Real Estate Partners, handling the seller's representation in the deal.
Players
Seguin Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.72%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93