Updated Jun 12, 2025
Joshua Sason, Ari Sason & Jared Darvin Of The Sason Organization Sell Industrial Asset In Largo For $8.6M
2063 20th Avenue Southeast
$8,600,000
$1,954/SF
Building Size
4,400 SF
Asset Type
Industrial
Closing
Apr 30, 2025
About this deal
AI
The property asset involved in this transaction is located at 2063 20th Avenue Southeast in the Largo market. The sale took place for a total price of $8,600,000, with a square footage of 4,400 and a price per square foot of $1,954. The asset is classified as industrial.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,600,000
- Square Footage: 4,400
- Price per Square Foot: $1,954
- Seller: Joshua Sason, Ari Sason & Jared Darvin - The Sason Organization
- Seller's Representatives: Brad Hutton, Patrick Kelly, David Hovis & Andrew Fernandez - Franklin Street
- Date of Sale: 5/1/2025
The key individuals involved in the transaction include Joshua Sason, Ari Sason, and Jared Darvin, representing the seller, The Sason Organization. The transaction was facilitated by their representatives from Franklin Street, specifically Brad Hutton, Patrick Kelly, David Hovis, and Andrew Fernandez.
Players
Largo 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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93