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Marcus & Millichap Brokers $6.4M Sale Of The Nest Schools In San Antonio

Property Image
SOLD
$6,400,000
David Campbell
Robert (Robb) Johnson
+ 1

Texas

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School
Sold 08/05/2025
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Property Image
SOLD

Marcus & Millichap Brokers $6.4M Sale Of The Nest Schools In San Antonio

7900 Old Tezel Road

See Similar Deals
School
Sold 08/05/2025
David Campbell
Robert (Robb) Johnson
+ 1
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Summary

TEXAS
Asset Type:School
Transaction Type:Sale

The asset involved in this transaction is a school, specifically The Nest Schools, located at 7900 Old Tezel Road in the San Antonio market. The property was sold for $6,400,000. In addition to the sale, $3,500,000 in acquisition financing was arranged to facilitate the purchase.

Summary of transation details:

  • Property Type: School
  • Transaction Amount: $6,400,000
  • Location: 7900 Old Tezel Road, San Antonio
  • Acquisition Financing: $3,500,000
  • Mortgage Broker: David Campbell - Marcus & Millichap
  • Brokers: Adam Levin, Robert (Robb) Johnson & Adam Richardson - Marcus & Millichap
  • Mortgage Details: 10-year loan at 6.12% interest with 25-year amortization

This transaction was brokered by Adam Levin, Robert (Robb) Johnson, and Adam Richardson, all affiliated with Marcus & Millichap. David Campbell, also from Marcus & Millichap, played a significant role in securing the mortgage financing for this acquisition.

Players

Adam Levin
24 deals$475.9M volume(650) 391-1782
BROKER

David Campbell
Marcus & Millichap
4 deals$25.5M volume(650) 391-1798
BROKER

Robert (Robb) Johnson
Marcus & Millichap
2 deals$9.1M volume(858) 373-3130
BROKER

Adam Richardson
Marcus & Millichap
3 deals$73.9M volume(650) 391-1806
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Adam Levin, Robert (Robb) Johnson, Adam Richardson & David Campbell DATE: 08/05/2025 ADDRESS: 7900 Old Tezel Road MARKET: San Antonio ASSET TYPE: School BROKERS: Adam Levin (@Levin.Adam), Robert (Robb) Johnson & Adam Richardson - Marcus & Millichap (@MarcusMillichapInc) MORTGAGE BROKER: David Campbell - Marcus & Millichap SALE PRICE: $6,400,000 NOTE: Marcus & Millichap brokered the $6.4M sale of The Nest Schools, a single-tenant daycare center in San Antonio, and arranged $3.5M in acquisition financing. MMCC secured a 10-year loan at 6.12% interest with 25-year amortization from a local credit union.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$341,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18