Faris Lee Investments Brokers Sell Retail Property In Fayetteville, GA For $14M
1302 GA-85 Fayetteville, Georgia 30214, USA
$14,000,000
Building Size
—
Asset Type
Retail
Closing
May 30, 2023
AI
The retail property located at 1302 Highway 85 N in Fayetteville, GA has been sold for a total of $14,000,000. The property features a prime location in the Fayetteville market, offering great potential for investors.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $14,000,000
- Address: 1302 Highway 85 N, Fayetteville, GA
- Market: Fayetteville, GA
The sale of this retail property was facilitated by the team at Faris Lee Investments, represented by Hunter Steffien, Jeff Conover, and Scott DeYoung. Their expertise and knowledge played a crucial role in successfully closing this deal.
Players
Fayetteville 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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93