Ryan Garzon Acquires NNN Medical Tenant In Gainesville For $2.39M
1177 NW 64th Terrace, Gainesville, FL 32605, Estados Unidos
$2,390,000
$32/SF
Building Size
74,500 SF
Asset Type
Other
Closing
Oct 1, 2020
About this deal
AI
1177 NW 64th Terrace, located in Gainesville, was recently sold in a closed transaction. The property, which is a NNN – Medical Tenant asset, was sold for $2,390,000. It spans a total area of 7,450 square feet, resulting in a price per square foot of $320.80.
Summary of transaction details:
- Property Type: NNN – Medical Tenant
- Transaction Amount: $2,390,000
- Address: 1177 NW 64th Terrace, Gainesville
- Market: Gainesville
- Square Footage: 7,450
- Price per Square Foot: $320.80
The seller of the property was Hill/Gray Seven LLC, while the buyer was Ryan Garzon representing RPG 1174 NW 64 Ter LLC.
Players
Gainesville Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.64%
Cash-on-Cash
-1.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93