Timothy Hupp Acquires Retail Property In St Cloud For $5.66M
1470 Tileston Road, St. Cloud, FL, USA & 1470 Tileston Road, St. Cloud, FL, USA
$5,663,903
$217/SF
Building Size
26,000 SF
Asset Type
Industrial
Closing
Mar 29, 2020
AI
Located at 1470 Tileston Rd in St Cloud, this retail property was recently sold in a closed transaction. The property spans over 13,000 square feet and was acquired for a price of $5,663,903. The purchase price per square foot amounted to $435.68. The buyer in this transaction was Timothy Hupp, while Bobby Dan Roberts served as the seller. The deal was facilitated by Lior Regenstreif, representing the parties involved.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,663,903
- Address: 1470 Tileston Rd
- Market: St Cloud
- Square Footage: 13,000
- Price per Square Foot: $435.68
- Buyer: Timothy Hupp
- Seller: Bobby Dan Roberts
- Broker: Lior Regenstreif
Timothy Hupp successfully acquired this retail property located on Tileston Rd. The deal was handled by Lior Regenstreif, who represented both the buyer and the seller. The specific details of the deal were not elaborated further in the available information.
Saint Cloud Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.80%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93