The Hype Real Estate Group Represents Both Buyer And Seller In $1.7M Palm Coast Retail Sale
1050 Palm Coast Pkwy NW, Palm Coast, FL 32137, USA
$1,700,000
$241/SF
Building Size
7,040 SF
Asset Type
Retail
Closing
Feb 10, 2022
About this deal
AI
The property involved in this transaction is a retail asset located at 1050 Palm Coast Pkwy Nw in Palm Coast. The sale took place on 02/11/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Square Footage: 7,040
- Price per Square Foot: $241
The seller of the property was Brent Ziegler. The transaction was facilitated by Raul Pino from The Hype Real Estate Group, who represented both the buyer and the seller.
According to Raul Pino, the property closed in less than 45 days. The Hype Real Estate Group also has a large inventory of off-market properties available and is willing to assist interested parties. For more information, individuals can reach out to Raul A Pino Jr, the owner and managing principal of The Hype Real Estate Group.
Players
Palm Coast Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Raul Pino to view all their deals.
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93