Preschool In Cumming & Roswell, GA Sells For $15M With Broker Milo Spector - Stan Johnson Company
SOLD
$15,000,000
Georgia
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Sold
SOLD
Preschool In Cumming & Roswell, GA Sells For $15M With Broker Milo Spector - Stan Johnson Company
4395 Drew Court, Cumming, Georgia 30040, United States
See Similar DealsOther
Sold
Summary
GEORGIA
Asset Type:Other
Transaction Type:Sale
A preschool property located at 4395 Drew Ct & 12070 Etris Rd in Cumming & Roswell, GA has been sold for a total price of $15,000,000. The transaction took place on 07/11/2022. The property was listed by Milo Spector from Stan Johnson Company.
Summary of transaction details
- Property Type: Preschool
- Transaction Amount: $15,000,000
- Address: 4395 Drew Ct & 12070 Etris Rd, Cumming & Roswell, GA
- Market: Cumming & Roswell, GA
- Broker: Milo Spector - Stan Johnson Company
This transaction involved the sale of a preschool property for a significant amount of $15,000,000. Milo Spector, representing Stan Johnson Company, played a crucial role in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$799,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83
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