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1546 Progress Road

Updated Dec 19, 2023

Tony Huang Sells Industrial Property In Elijah, GA For $3.4M
SOLDIndustrial

Tony Huang Sells Industrial Property In Elijah, GA For $3.4M

1546 Progress Road

$3,400,000

$18/SF

Building Size

187,380 SF

Asset Type

Industrial

Closing

Jul 28, 2022

About this deal

AI

The industrial property located at 1546 Progress Rd. in Elijah, GA has been sold for a price of $3,400,000. The property spans a total area of 187,380 square feet, resulting in a price per square foot of $18.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,400,000
  • Square Footage: 187,380
  • Price Per Square Foot: $18
  • Address: 1546 Progress Rd., Elijah, GA
  • Market: Elijah, GA

The seller of the property is Tony Huang, represented by Ellen Feng from East Time.

Players

Ellen Feng

Broker

$15.1M

vol

2 deals

Broker

Baton Rouge Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $18 per square foot on a published $3.4M for 187,380 square feet (2022).

Visit Ellen Feng to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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