facebook
Traded Co logo
Submit

Gene Slivka Acquires Industrial Property In Monroe, GA For $6M

Property Image
SOLD
$6,000,000

Georgia

See Similar Deals
Industrial420,000 SF
Sold 10/04/2022
the dealplayerscompscontact
Property Image
SOLD

Gene Slivka Acquires Industrial Property In Monroe, GA For $6M

150 Vine Street

See Similar Deals
Industrial420,000 SF
Sold 10/04/2022
Contact now

Summary

GEORGIA
Asset Type:Industrial
Price Per Square Foot:$14
Total Square Footage:420,000 SF
Transaction Type:Sale

The industrial property located at 150 Vine St in Monroe, GA has been sold in a closed transaction. The property spans 420,000 square feet and was sold for a price of $6,000,000, resulting in a price per square foot of $14. The sale was finalized on 10/04/2022.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,000,000
  • Address: 150 Vine St, Monroe, GA
  • Market: Monroe, GA
  • Buyer: Gene Slivka
  • Seller: Tommy Breedlove
  • Brokers: Dan Shapiro & Josh Rosen - Kassin Sabbagh Realty

The buyer, Gene Slivka, acquired the property from the seller, Tommy Breedlove. The sale was facilitated by Dan Shapiro and Josh Rosen from Kassin Sabbagh Realty, representing their respective clients. The property was delivered vacant, and along with the purchase, an additional 20 acres of land was included. As part of their expansion strategy in the industrial markets across the country, Kassin Sabbagh Realty continues to solidify its presence.

For any future opportunities or inquiries, please reach out to Dan Shapiro at [email protected] or Josh Rosen at [email protected].

Players

Dan Shapiro
11 deals$105.1M volume
BROKER

Josh Rosen
Kassin Sabbagh Realty
2 deals$20.5M volume
BROKER

Details

SOLD
IMAGE: Dan Shapiro & Josh Rosen DATE: 10/04/2022 ADDRESS: 150 Vine St MARKET: Monroe, GA ASSET TYPE: Industrial BUYER: Gene Slivka SELLER: Tommy Breedlove BROKERS: Dan Shapiro (@DealJunkie__ ) & Josh Rosen (@JoshMR830) - Kassin Sabbagh Realty SALE PRICE: $6,000,000 SF: 420,000 ~ PPSF: $14 NOTE FROM BROKER: Property was delivered vacant with an additional 20 acres. Our team continues to expand its presence in the industrial markets nationwide. Please contact us for any future opportunities. Dan Shapiro (@dealjunkie__ ) [email protected] Josh Rosen (@joshmr830) [email protected]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73