Karim Mamri Acquires Special Purpose Property In Pensacola For $2.7M
6403 N 9th Ave
Building Size
—
Asset Type
—
Closing
Aug 4, 2022
About this deal
AI
The Special Purpose property located at 6403 N 9th Ave in Pensacola has been sold for a price of $2,700,000. The property spans across 15,713 square feet, resulting in a price per square foot of $172. The sale was completed on 08/04/2022.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Amount: $2,700,000
- Square Footage: 15,713
- Price per Square Foot: $172
- Address: 6403 N 9th Ave, Pensacola
Karim Mamri purchased the property from Deena Rogers. The transaction was facilitated by Elio Serpa from WRA Business & Real Estate, who represented both the buyer and seller in the deal.
Players
Pensacola CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93