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
Pensacola Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
Loading comparables…
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