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25690 Wilderness Oak San An...

Sodalis Senior Living Acquires 63-Unit Senior Housing Complex In San Antonio
SOLDSenior Housing

Sodalis Senior Living Acquires 63-Unit Senior Housing Complex In San Antonio

25690 Wilderness Oak San Antonio, TX 78261, USA

Building Size

Asset Type

Senior Housing

Closing

Jun 29, 2023

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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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