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3200 US Hwy 27 S, Sebring, ...

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

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

3200 US Hwy 27 S, Sebring, FL, USA

$2,800,000

$78/SF

Building Size

35,733 SF

Asset Type

Office

Closing

Apr 18, 2021

AI

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

Broker

$29.6M

vol

4 deals

Broker

Sebring 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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93