SOLDRetail
Daniel Liu Purchases Retail Property At 7520 W Waters Avenue From Ava Nguyen For $4.5M
7520 W Waters Avenue
$4,500,000
Lot Size
42,274 SF
Asset Type
Retail
Closing
Aug 16, 2022
AI
The asset involved in the transaction is a retail property located at 7520 W Waters Avenue in Tampa. The property was sold for a total of $4,500,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000.00
- Buyer: Daniel Liu
- Seller: Ava Nguyen
- Brokers involved: Arthur Porosoff, Joseph Phelps from Horvath & Tremblay
- Transaction Date: 08/16/2022
Daniel Liu acted as the buyer in this retail property transaction, while Ava Nguyen was the seller. The deal was facilitated by brokers Arthur Porosoff and Joseph Phelps, who are affiliated with Horvath & Tremblay.
Players
Tampa 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93