Oscar Arellano & Jennifer Restrepo Facilitate $3.5M Land Sale In Pinecrest
6350 Southwest 109th Street
$3,500,000
Building Size
—
Asset Type
Land
Closing
Apr 8, 2024
About this deal
AI
The land parcel located at 6350 Southwest 109th Street in Pinecrest spans 0.89 acres and was sold for $3,500,000. Oscar Arellano of Berkshire Hathaway HomeServices represented the buyer, while Jennifer Restrepo of EXP Realty served as the seller's representative.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,500,000
- Address: 6350 Southwest 109th Street
- Market: Pinecrest
- Asset Type: Land
- ACRES: 0.89
Oscar Arellano of Berkshire Hathaway HomeServices acted as the buyer's representative, facilitating the sale of the land parcel, while Jennifer Restrepo, representing EXP Realty, managed the sale from the seller's side.
On the Map
$3,500,000
Land
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Players
Pinecrest Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93