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

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SOLD
$1,128,000

Florida

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Self Storage15,675 SF
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Scott Fetty Purchases Self Storage Asset In Pensacola From Glen Emmons For $1.128M

9765 South Loop Road

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Self Storage15,675 SF
Sold
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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.

Players

Brandon Robinson
11 deals$61.6M volume(760) 534-8135
BROKER

Geramie Bascomb
Calvary Realty
2 deals$2.2M volume(909) 404-9954
BROKER

Details

SOLD
IMAGE: Ingla Robinson, Brandon Robinson & Geramie Bascomb DATE: 07/21/2024 ADDRESS: 9765 South Loop Road MARKET: Pensacola ASSET TYPE: Self Storage BUYER: Scott Fetty SELLER: Glen Emmons BROKERS: Ingla Robinson (@Ingla.Robinson), Brandon Robinson (@Brandon_Calvaryrealty) & Geramie Bascomb (G.Thatrealestateguy) - Calvary Realty (@CalvaryRealty) SALE PRICE: $1,128,000 SF: 15,675 ~ PPSF: $71

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,007.54
Cash-on-Cash Return-1.27%
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