Shea Schneider Acquires Homestead Retail Property For $3.45M
29345 Southwest 152nd Court
$3,450,000
$184/SF
Building Size
18,691 SF
Asset Type
Retail
Closing
Dec 8, 2023
AI
Located at 29345 Southwest 152nd Court in Homestead, this retail property has been sold in a recent transaction. The property spans over 18,691 square feet and was sold for a price of $3,450,000, resulting in a price per square foot of $185. The transaction took place on 12/08/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,450,000
- Address: 29345 Southwest 152nd Court, Homestead
- Market: Homestead
- Square Footage: 18,691
- Buyer: Shea Schneider
- Seller: Armando Ruiz
- Broker: Brandon Dagnesses - Dags Group & Associates
Shea Schneider acted as the buyer in this transaction, while Armando Ruiz served as the seller. The deal was facilitated by Brandon Dagnesses of Dags Group & Associates, representing both parties in the transaction.
Homestead 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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93