Scott Fetty Purchases Self Storage Asset In Pensacola From Glen Emmons For $1.128M
SOLD
Florida
See Similar DealsSelf Storage15,675 SF
Sold
SOLD
Scott Fetty Purchases Self Storage Asset In Pensacola From Glen Emmons For $1.128M
9765 South Loop Road
See Similar DealsSelf Storage15,675 SF
Sold
Summary
FLORIDA
Asset Type:Self Storage
Price Per Square Foot:$72
Total Square Footage:15675 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,160.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,007.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,347.30
Annual Debt Service$64,167.55
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