Harsha Reddy Acquires Office Building In Bradenton For $5.2M
802 11th Street West, Bradenton, Florida 34205, United States
$5,245,083
$238/SF
Building Size
22,000 SF
Asset Type
Office
Closing
Feb 2, 2022
About this deal
AI
An office property located at 802 11th St West in Bradenton has been sold for a price of $5,245,083. The property spans across 22,000 square feet, resulting in a price per square foot of $238. The transaction took place on 02/02/2022 and the buyer involved is Harsha Reddy.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $5,245,083
- Address: 802 11th St West, Bradenton
- Market: Bradenton
- Square Footage: 22,000
- Price per Square Foot: $238
Brooke Quttaineh and Dave Baltar from Garito & Company represented the seller in this transaction. Note that further details regarding the buyer's representative or any additional information are not available.
Players
Bradenton 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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93