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4300 South University Avenu...

George Mouro Acquires Retail Property In Little Rock, AR For $3.39M
SOLDRetail

George Mouro Acquires Retail Property In Little Rock, AR For $3.39M

4300 South University Avenue, Little Rock, Arkansas 72204, United States

$3,390,000

$308/SF

Building Size

11,000 SF

Asset Type

Retail

Closing

Dec 15, 2021

AI

The retail property located at 4300 S University Ave in Little Rock, AR has been sold for a transaction amount of $3,390,000. The property spans an area of 11,000 square feet, resulting in a price per square foot of $308. The sale was completed on December 16, 2021.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $3,390,000
  • Address: 4300 S University Ave, Little Rock, AR
  • Market: Little Rock, AR

George Mouro has acquired the property from AAP-Little Rock 20 LP. The deal was facilitated by Taylor Saulnier and Steelman Juarez from Mansard Commercial Properties, who represented the buyer in the transaction.

Players

Taylor Saulnier

Broker

$35.2M

vol

9 deals

Broker

George Mouro

Buyer

$6.3M

vol

2 deals

Buyer

Little Rock Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.68%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93