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7520 W Waters Avenue

Daniel Liu Purchases Retail Property At 7520 W Waters Avenue From Ava Nguyen For $4.5M
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:

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

Joseph Phelps

Horvath & Tremblay

Broker

$3.3M

vol

1 deal

Broker

Daniel Liu

Buyer
Buyer

Ava Nguyen

Seller
Seller

Tampa Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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