Exodus Capital Acquires Retail Property In Tifton, GA For $2.79M
1011 8th Street West
$2,788,000
$454/SF
Building Size
6,136 SF
Asset Type
Retail
Closing
Jan 9, 2023
AI
The retail property located at 1011 8th Street West in Tifton, GA has been sold for a price of $2,788,462. The property spans an area of 6,136 square feet, resulting in a price per square foot of $454.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,788,462
- Address: 1011 8th Street West, Tifton, GA
- Market: Tifton, GA
- Buyer's Representative: Justin Conway & Haley Hasho - Exodus Capital
- Seller's Representative: Jason Prescott Woods - Horvath & Tremblay
- Square Footage: 6,136
- Price per Square Foot: $454
The successful sale of this retail property was facilitated by Justin Conway and Haley Hasho from Exodus Capital, representing the buyer. On the other side of the transaction, Jason Prescott Woods from Horvath & Tremblay represented the seller.
Players
Tifton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.69%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93