George Mouro Acquires Retail Property In Little Rock, AR For $3.39M
SOLD
$3,390,000
Arkansas
See Similar DealsRetail11,000 SF
Sold 12/16/2021
SOLD
George Mouro Acquires Retail Property In Little Rock, AR For $3.39M
4300 South University Avenue, Little Rock, Arkansas 72204, United States
See Similar DealsRetail11,000 SF
Sold 12/16/2021
Summary
ARKANSAS
Asset Type:Retail
Price Per Square Foot:$308
Total Square Footage:11,000 SF
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$180,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,043.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,070.33
Annual Debt Service$192,843.95
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