Sung Mi Realty Purchases 405 Plaza Dr Eustis From Tech City USA For $222,222
405 Plaza Dr, Eustis, FL, 32726
$222,222
$100/SF
Building Size
2,222 SF
Asset Type
Retail
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in this transaction is located at 405 Plaza Dr, Eustis, FL, 32726. The sale was executed at a price of $222,222.00, and the property covers an area of 2,222 square feet. The market for this transaction is Eustis.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $222,222.00
- Square Footage: 2,222
- Address: 405 Plaza Dr, Eustis, FL, 32726
- Market: Eustis
- Seller: Tech City USA
- Buyer: Sung Mi Realty
- Seller's Representative: Ed Schein - Team Resources
The transaction involved Tech City USA as the seller and Sung Mi Realty as the buyer. Ed Schein from Team Resources represented the seller in this deal, ensuring a structured agreement between the parties involved.
On the Map
$222,222
$100/SF
Retail
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Players
Eustis 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
71.38%
Cash-on-Cash
-20.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93