M Street Holdings And Highline Real Estate Capital Acquire Retail Property In Conyers, GA For $16.95M
2195 GA-20 Conyers, GA 30013, USA
$16,950,000
$142/SF
Building Size
118,916 SF
Asset Type
Retail
Closing
Sep 15, 2022
AI
A retail property located at 2195 GA-20 in Conyers, GA, has been sold in a closed transaction. The property spans a total area of 118,916 square feet, with a sale price of $16,950,000, resulting in a price per square foot of $143.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $16,950,000
- Address: 2195 GA-20, Conyers, GA
- Market: Conyers, GA
The buyer of this retail property is M Street Holdings, represented by David Milgram, along with Highline Real Estate Capital, represented by Andrew Remick and David Moret. The deal was facilitated by brokers Chris DeCoufle, Kevin Hurley, and Matt Karempelis, who are associated with CBRE.
Players
Conyers 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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93