Kamin Realty LLC Acquires Retail Property In High Springs For $4.8M
20303 Northwest US Highway 441, High Springs, FL, USA
$4,800,000
$83/SF
Building Size
57,850 SF
Asset Type
Retail
Closing
Jul 15, 2020
About this deal
AI
An 57,850 square feet retail property located at 20303 N US Highway 441 in High Springs, was recently sold for $4,800,000. The property sits on 5.2 acres of land and was purchased by Kamin Realty LLC from H&R High Springs LLC. The sale price equates to a price per square foot of $83, and a price per acre of $923,077.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,800,000
- Square Footage: 57,850
- Address: 20303 N US Highway 441
- Market: High Springs
Kamin Realty LLC acquired the property with the assistance of brokers Kevin Yaryan, Kyle Stonis, and Pierce Mayson from SRS Real Estate Partners.
On the Map
$4,800,000
$83/SF
Retail
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Players
High Springs Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93