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Sung Mi Realty Purchases 405 Plaza Dr Eustis From Tech City USA For $222,222

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SOLD
$222,222

Florida

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Retail2,222 SF
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SOLD

Sung Mi Realty Purchases 405 Plaza Dr Eustis From Tech City USA For $222,222

405 Plaza Dr, Eustis, FL, 32726

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Retail2,222 SF
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:2222 SF
Transaction Type:Sale

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.

Players

Ed Schein
3 deals$1.8M volume(201) 841-1407
BROKER

UBS
BROKERAGE

Details

SOLD
IMAGE: 405 Plaza Dr, Eustis, FL, 32726 MARKET: Eustis SELLER'S REP: Ed Schein -Team Resources BUYER: Sung Mi Realty SELLER: Tech City USA PRICE: $222,222.00 SF: 2222

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$11,851.84

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$789.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,053.45
Annual Debt Service$12,641.35