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270 Bobby Jones Expressway,...

Matthews Real Estate Investment Services Sells Retail Property On Bobby Jones Expy In Augusta, GA For $20.5M
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Matthews Real Estate Investment Services Sells Retail Property On Bobby Jones Expy In Augusta, GA For $20.5M

270 Bobby Jones Expressway, Augusta, Georgia 30907, United States

$20,500,000

Building Size

Asset Type

Retail

Closing

Jun 1, 2022

AI

The retail property located at 270 Bobby Jones Expy in Augusta, GA has been sold for a total of $20,500,000. The transaction took place on 06/02/2022.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $20,500,000
  • Address: 270 Bobby Jones Expy, Augusta, GA
  • Market: Augusta, GA

The sale of the retail property was facilitated by Johnny Blue Craig from Matthews Real Estate Investment Services. He represented the buyer or the seller in this transaction.

Players

Johnny Blue Craig, Jr

Matthews

Broker

$79M

vol

10 deals

Broker

Augusta 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

0.77%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93