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5801 N 41st Hwy, Apollo Bea...

Updated Dec 21, 2023

Bennett V. York Acquires Vacant Commercial Property In Apollo Beach, FL For $2.5M
SOLDCommercial

Bennett V. York Acquires Vacant Commercial Property In Apollo Beach, FL For $2.5M

5801 N 41st Hwy, Apollo Beach, Florida 33572, United States

$2,500,000

Building Size

Asset Type

Commercial

Closing

Dec 21, 2021

About this deal

AI

The vacant commercial property located at 5801 N 41st Hwy in Apollo Beach, FL has been sold in a recent transaction. The sale took place on December 22, 2021, with a sale price of $2,500,000. The property features a prime location in the Apollo Beach market.

Summary of Transaction Details

  • Property Type: Vacant Commercial
  • Transaction Amount: $2,500,000
  • Address: 5801 N 41st Hwy, Apollo Beach, FL

The buyer in this transaction is Bennett V. York, while the sellers are Tony Leung and Connie Leung.

Players

Apollo Beach Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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