Sharon Ourian Purchases Mixed-use Property In Newnan From Sid Levine For $5 Million
530 Bullsboro Drive
$5,000,000
$1,565/SF
Building Size
3,194 SF
Asset Type
Mixed-use
Closing
Dec 28, 2025
AI
The mixed-use property located at 530 Bullsboro Drive in Newnan, GA, has been sold for $5,000,000. The asset comprises 3,194 square feet, translating to a price per square foot of $1,565.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,000,000
- Sale Date: 12/29/2025
- Buyer: Sharon Ourian
- Seller: Sid Levine
- Brokers: Liam Rowan & Tyler Baughman - Sands Investment Group
- 1031 Exchange Qualified Intermediary: Deferred.com
Liam Rowan and Tyler Baughman represented the seller, Sid Levine, in this transaction. The deal highlights the collaboration between the two brokers at Sands Investment Group, facilitating the successful sale of the property.
Players
Newnan Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93