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2195 GA-20 Conyers, GA 3001...

M Street Holdings And Highline Real Estate Capital Acquire Retail Property In Conyers, GA For $16.95M
SOLDRetail

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

Chris DeCoufle

CBRE

Broker

$86.9M

vol

4 deals

Broker

Conyers Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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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