Ray Gonzalez's RG Property Group Acquires Retail Property In Homosassa For $10.5M
3928 Suncoast Boulevard, Homosassa, Florida 34448, United States
$10,500,000
$108/SF
Building Size
96,647 SF
Asset Type
Retail
Closing
Feb 3, 2022
AI
The retail property located at 3928 S Suncoast Blvd in Homosassa has been sold for a price of $10,500,000. This property spans an area of 96,647 square feet, resulting in a price per square foot of $109. The transaction took place on February 4, 2022, and involved the following parties:
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,500,000
- Square Footage: 96,647
- Address: 3928 S Suncoast Blvd, Homosassa
- Market: Homosassa
The buyer, Ray Gonzalez, represented by RG Property Group, acquired the property from the seller, Andrew Plesko of E.J. Plesko & Associates. The deal was facilitated by brokers Anthony Blanco and Mallory Silva of The Shopping Center Group (TSCG).
Players
Homosassa 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93