Updated Jun 22, 2026
David Johnson Acquires Senior Housing At 3000 Glacier Pass Lane From Philip Stagg
3000 Glacier Pass Lane
Building Size
28,942 SF
Asset Type
Senior Housing
Closing
Jun 14, 2026
About this deal
AI
The property involved in this transaction is a senior housing asset located at 3000 Glacier Pass Lane in Cedar Park. The total square footage of the property is 28,942.
Summary of transation details:
- Property Type: Senior Housing
- Transaction Amount: Not specified
- Address: 3000 Glacier Pass Lane
- Market: Cedar Park
- Buyer: David Johnson
- Seller: Philip Stagg
- Brokers: Ryan McCullough & Sean Anderson - Partners Real Estate
- Date of Transaction: 06/15/2026
David Johnson acquired the property from Philip Stagg, with the transaction facilitated by brokers Ryan McCullough and Sean Anderson, who represent Partners Real Estate in this deal.
On the Map
Senior Housing
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Market 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