Retail/Condo Property At 1220 South Hill Street Sold For $1.5M With Anderson And Brehaut As Brokers
SOLD
$1,491,810
+ 2
Connecticut
See Similar DealsMixed-use9,026 SF
Sold
SOLD
Retail/Condo Property At 1220 South Hill Street Sold For $1.5M With Anderson And Brehaut As Brokers
1220 South Hill Street, Anderson
See Similar DealsMixed-use9,026 SF
Sold
+ 2
Summary
CONNECTICUT
Asset Type:Mixed-use
Price Per Square Foot:$165
Total Square Footage:9026 SF
Transaction Type:Sale
The retail/condo property located at 1220 South Hill Street was recently sold for a transaction amount of $1,491,810. The property spans a total area of 9,026 square feet, resulting in a price per square foot of $165.28. The sale was facilitated by brokers Tony Anderson, Richard Brehaut, Nina Valtchanov, Reed Melillo, and Mike James.
Summary of transaction details
- Property Type: Retail/Condo
- Transaction Amount: $1,491,810
- Square Footage: 9,026
- Price per Square Foot: $165.28
- Address: 1220 South Hill Street
- Market: Anderson
The deal was overseen by brokers Tony Anderson and Richard Brehaut, along with their colleagues Nina Valtchanov, Reed Melillo, and Mike James. Together, they facilitated the successful sale of the retail/condo property at 1220 South Hill Street.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,563.19
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,300.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,071.94
Annual Debt Service$84,863.29
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