Alex Redfearn Acquires Industrial Property In Jacksonville, FL For $14.3M
201 Busch Drive
$14,300,000
$103/SF
Building Size
138,201 SF
Asset Type
Industrial
Closing
Mar 30, 2023
AI
The industrial property located at 201 Busch Drive in Jacksonville, FL has been sold for a total price of $14,300,000. The property spans over an area of 138,201 square feet, resulting in a price per square foot of $103.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $14,300,000
- Address: 201 Busch Drive, Jacksonville, FL
- Market: Jacksonville, FL
- Buyer: Alex Redfearn
- Seller: Whalley Capital Group - Stephen Gorodetsky & Moshe Popack YMP Real Estate
The buyer in this transaction is Alex Redfearn, while the seller is the Whalley Capital Group, represented by Stephen Gorodetsky and Moshe Popack of YMP Real Estate.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93