Updated Oct 29, 2024
Sodalis Senior Living Acquires 63-Unit Senior Housing Complex In San Antonio
25690 Wilderness Oak San Antonio, TX 78261, USA
Units
63
Asset Type
Senior Housing
Closing
Jun 29, 2023
About this deal
AI
Sodalis Senior Living has purchased Sodalis at Stone Oak, a 63-unit assisted living and memory care complex located at 25690 Wilderness Oak in San Antonio. The facility, built in 2017, consists of 42 assisted living residences and 21 memory care units. At the time of sale, the occupancy rate was reported to be at 95%.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: Not specified
- Units: 63
- Buyer: Sodalis Senior Living - Traci Taylor-Roberts
- Broker: Evans Senior Investments
- Market: San Antonio
Traci Taylor-Roberts of Sodalis Senior Living served as the representative for the buyer in this transaction, while Evans Senior Investments acted as the broker. No additional information regarding the deal was provided.
Players
Texas Senior Housing Market Snapshot
Boundary boundary · Senior Housing · 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