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$2.8M Office Sale In Sebring, FL - Realty Hub Represents Buyer, Marcus & Millichap Represents Seller

Property Image
SOLD
$2,800,000
Barbara Correa
Devin Guilliams
Jaclyn Blair

Florida

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Office35,733 SF
Sold 04/19/2021
the dealplayerscompscontact
Property Image
SOLD

$2.8M Office Sale In Sebring, FL - Realty Hub Represents Buyer, Marcus & Millichap Represents Seller

3200 US Hwy 27 S, Sebring, FL, USA

See Similar Deals
Office35,733 SF
Sold 04/19/2021
Barbara Correa
Devin Guilliams
Jaclyn Blair
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$78
Total Square Footage:35,733 SF
Transaction Type:Sale

The office property located at 3200 US Hwy 27 S in Sebring, FL has been sold for a price of $2,800,000. The transaction took place on April 19, 2021. The property spans a total area of 35,733 square feet, resulting in a price per square foot of $78.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $2,800,000
  • Address: 3200 US Hwy 27 S, Sebring, FL
  • Market: Sebring, FL

The buyer was represented by Barbara Correa from Realty Hub, while the seller was represented by Devin Guilliams, Jaclyn Blair, and Erick Gonzalez from Marcus & Millichap.

Players

Jaclyn Blair
Marcus & Millichap
Jaclyn Blair
4 deals$29.6M volume
BROKER
Devin Guilliams
Marcus & Millichap
Devin Guilliams
2 deals$3.9M volume
BROKER
Barbara Correa
Barbara Correa
2 deals$3.9M volume
BROKER

Details

SOLD
IMAGE: Jaclyn Blair, Erick Gonzalez, Barbara Correa & Devin Guilliams DATE: 04/19/2021 ADDRESS: 3200 US Hwy 27 S MARKET: Sebring, FL ASSET TYPE: Office BUYER'S REP: Barbara Correa - Realty Hub SELLER'S REP: Devin Guilliams, Jaclyn Blair & Erick Gonzalez - Marcus & Millichap PRICE: $2,800,000 SF: 35,733 ~ PPSF: $78

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$149,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14