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9765 South Loop Road

Scott Fetty Purchases Self Storage Asset In Pensacola From Glen Emmons For $1.128M
SOLDSelf Storage

Scott Fetty Purchases Self Storage Asset In Pensacola From Glen Emmons For $1.128M

9765 South Loop Road

$1,128,000

$72/SF

Building Size

15,675 SF

Asset Type

Self Storage

Closing

Jul 22, 2024

AI

This self-storage asset, located at 9765 South Loop Road in Pensacola, has a total square footage of 15,675 and was sold for $1,128,000, resulting in a price per square foot of $71.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $1,128,000
  • Address: 9765 South Loop Road
  • Market: Pensacola
  • Square Footage: 15,675
  • Price Per Square Foot: $71
  • Buyer: Scott Fetty
  • Seller: Glen Emmons
  • Brokers: Ingla Robinson, Brandon Robinson & Geramie Bascomb (G.Thatrealestateguy) - Calvary Realty

The transaction involved buyer Scott Fetty acquiring the property from seller Glen Emmons, facilitated by brokers Ingla Robinson, Brandon Robinson, and Geramie Bascomb from Calvary Realty.

Players

Brandon Robinson

Calvary Realty

Broker

$61.6M

vol

11 deals

Broker

Pensacola Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.06%

Cash-on-Cash

-4.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93