Igal Hatanian Acquires Retail Property In Davie For $1.73M
6125 Stirling Road
$1,730,000
$237/SF
Building Size
7,296 SF
Asset Type
Retail
Closing
Sep 15, 2022
About this deal
AI
Located at 6125 Stirling Rd in Davie, this retail property was recently sold in a closed transaction. The property spans 7,296 square feet and was sold for a price of $1,730,000, resulting in a price per square foot of $237. The sale took place on September 16, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,730,000
- Address: 6125 Stirling Rd
- Market: Davie
The buyer of this retail property is Igal Hatanian, while the seller is Paul Stowell. Representing the transaction was Jamie Rose Maniscalco from APEX Capital Realty. The deal was facilitated by Jamie Rose Maniscalco.
Players
Davie 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
9.17%
Cash-on-Cash
-2.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93