Doug Clyburn & Julie Clyburn Acquire Retail Property In Dawsonville For $1.7M
SOLD
$1,700,000
Georgia
See Similar DealsRetail10,100 SF
Sold 12/09/2021
SOLD
Doug Clyburn & Julie Clyburn Acquire Retail Property In Dawsonville For $1.7M
802 Georgia 400, Dawsonville, GA, USA
See Similar DealsRetail10,100 SF
Sold 12/09/2021
Summary
GEORGIA
Asset Type:Retail
Price Per Square Foot:$168
Total Square Footage:10,100 SF
Transaction Type:Sale
The retail property located at 802 Georgia Highway 400 South in Dawsonville has been sold for a price of $1,700,000. The property spans a total area of 10,100 square feet, resulting in a price per square foot of $168. The sale transaction took place on December 9, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,700,000
- Date: December 9, 2021
- Address: 802 Georgia Highway 400 South, Dawsonville
- Market: Dawsonville
- Square Footage: 10,100
- Price per Square Foot: $168
The sale of this retail property was facilitated by Doug Clyburn and Julie Clyburn from Stan Johnson Co. They served as the brokers in this transaction. Their expertise in the commercial real estate market was instrumental in successfully closing the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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