Property Details

TITLE:

2-Story Medical Office - 100% Leased

CONTROL:

Owner

VALUE:

$8,558,400

LOAN:

$3,926,244

EQUITY:

$4,632,156

TYPE:

Office Building

HAVE:

26,000 sq' Medical Office building, 100% leased. Strong tenant mix and well-managed property

ADDRESS:

151 S Stagecoach Trl, San Marcos, Texas

GROSS SCHEDULED INCOME:

$747,368 Actual

VACANCY LOSS:

GROSS EFFECTIVE INCOME:

$747,368

EXPENSES:

$193,640

NOI:

$553,728

DEBT SERVICE:

$338,495

CASH FLOW:

$215,233

CAP RATE:

6.47%

CAN ADD:

2 acres of adjacent, developable land, with detention already in place.

REMARKS:

100% Occupied, great tenant mix and well managed property. Tenants anchored by Baptist Health along with other, multi-location tenants.

COUNSELOR:

Justin McElfish

Only Epic Holdings

4350 Brownsboro Rd

Louisville, , 40207

Phone: 5027410952