Updated Oct 29, 2024
AL Trussville Hwy 11 LLC Sells Development Site In Trussville, AL For $4.25M
460 Main Street Trussville, Alabama 35173, USA
$4,250,000
Building Size
—
Asset Type
Development Site
Closing
May 1, 2023
About this deal
AI
The development site located at 460 Main St in Trussville, AL has been sold. The property was sold by AL Trussville Hwy 11 LLC for a total price of $4,250,000.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $4,250,000
- Address: 460 Main St
- Market: Trussville, AL
The sale of the development site was successfully facilitated by AL Trussville Hwy 11 LLC, representing the seller in the transaction.
The development site sale at 460 Main Street Trussville, Alabama 35173, USA in Trussville, Alabama sold for $4.3M in 2023. 460 Main Street Trussville, Alabama 35173, USA is classified as Development Site on Traded. This page is the Trussville, Alabama file for the 460 Main Street Trussville, Alabama 35173, USA development site sold: pricing, party profiles, and other closed development site comps from the same Trussville sit in the Market section below. Filter that Trussville development site set by closing date to see what else sold near 460 Main Street Trussville, Alabama 35173, USA around 2023. Published consideration for 460 Main Street Trussville, Alabama 35173, USA is $4.3M, dated 2023. Cite this AL Trussville Hwy 11 LLC Sells Development Site In Trussville, AL For $4.25M sale when underwriting similar development site product around Trussville, Alabama.
Players
Trussville Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93