Coro Realty & Wilson Development Group Sells Retail Property In Douglasville, GA For $5.9M
9484 Highway 5, Douglasville, Georgia 30135, United States
$5,900,000
Building Size
—
Asset Type
Retail
Closing
Jun 5, 2022
AI
The retail property located at 9484 Hwy 5 in Douglasville, GA has been sold for a price of $5,900,000. The property was owned by CONNOLLY and represented by Coro Realty & Wilson Development Group. The sale was facilitated by Brian Lane, Emery Shane, and Billy Benedict of Stan Johnson Company.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,900,000
- Address: 9484 Hwy 5, Douglasville, GA
- Market: Douglasville, GA
Brian Lane, Emery Shane, and Billy Benedict of Stan Johnson Company played a key role as brokers in the transaction, representing both the buyer and the seller.
Players
Douglasville 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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93