Alessio Holdings Acquires Mixed-Use Property In Fort Myers For $2M
1617 Hendry Street, Fort Myers, Florida 33901, United States
$2,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Mar 30, 2022
About this deal
AI
A mixed-use property located at 1617 Hendry St in Fort Myers has been sold for $2,000,000. The transaction took place on March 31, 2022, and was facilitated by Bryan Myers of SVN Commercial Partners.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,000,000
The buyer of the property is Alessio Holdings, represented by Mickey Alessio. The seller in this transaction is Trolow Real Estate. Bryan Myers, from SVN Commercial Partners, served as the broker for the deal.
The mixed use sale at 1617 Hendry Street, Fort Myers, Florida 33901, United States in Fort Myers, Florida sold for $2M in 2022. 1617 Hendry Street, Fort Myers, Florida 33901, United States is classified as Mixed Use on Traded. Bryan Myers, SVN appear on the sale alongside SVN. This page is the Fort Myers, Florida file for the 1617 Hendry Street, Fort Myers, Florida 33901, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Fort Myers sit in the Market section below. Filter that Fort Myers mixed use set by closing date to see what else sold near 1617 Hendry Street, Fort Myers, Florida 33901, United States around 2022. Published consideration for 1617 Hendry Street, Fort Myers, Florida 33901, United States is $2M, dated 2022. Cite this Alessio Holdings Acquires Mixed-Use Property In Fort Myers For $2M sale when underwriting similar mixed use product around Fort Myers, Florida.
On the Map
$2,000,000
Mixed-use
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Players
Fort Myers Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93