Sharon Ourian Purchases Mixed-use Property In Newnan From Sid Levine For $5 Million
SOLD
$5,000,000
Georgia
See Similar DealsMixed-use3,194 SF
Sold 12/29/2025
SOLD
Sharon Ourian Purchases Mixed-use Property In Newnan From Sid Levine For $5 Million
530 Bullsboro Drive
See Similar DealsMixed-use3,194 SF
Sold 12/29/2025
Summary
GEORGIA
Asset Type:Mixed-use
Price Per Square Foot:$1,565
Total Square Footage:3,194 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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