Private Investors Acquire Fort Myers Property At 12550 New Brittany Blvd For $3.25M
SOLD
$3,250,000
Florida
See Similar DealsOffice12,000 SF
SOLD
Private Investors Acquire Fort Myers Property At 12550 New Brittany Blvd For $3.25M
12550 New Brittany BLVD, Fort Myers...
See Similar DealsOffice12,000 SF
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$270
Total Square Footage:12,000 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 12550 New Brittany BLVD, Fort Myers, within the Fort Myers market. The sale price for the property is $3,250,000.00, and it encompasses an area of 12,000 square feet.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $3,250,000.00
- Address: 12550 New Brittany BLVD, Fort Myers
- Market: Fort Myers
- Seller's Representative: Enn Luthringer - CRE Consultants
- Buyer: Private Investors
Enn Luthringer from CRE Consultants represents the seller in this transaction. The buyer consists of private investors, engaging in the acquisition of the specified property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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