Private Investors Acquire Fort Myers Property At 12550 New Brittany Blvd For $3.25M
12550 New Brittany BLVD, Fort Myers...
$3,250,000
$270/SF
Building Size
12,000 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
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.
Players
Fort Myers Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93