Doug Clyburn & Julie Clyburn Acquire Retail Property In Dawsonville For $1.7M
802 Georgia 400, Dawsonville, GA, USA
$1,700,000
$168/SF
Building Size
10,100 SF
Asset Type
Retail
Closing
Dec 9, 2021
About this deal
AI
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.
Players
Dawsonville 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93