ALTO Real Estate Funds Acquires Retail Property In Douglasville For $18.4M
9550 State Highway 5, Douglasville, GA, USA
$18,400,000
$149/SF
Building Size
122,763 SF
Asset Type
Retail
Closing
Nov 16, 2021
AI
The property involved in this transaction is a retail asset located at 9550 Highway 5 in Douglasville, GA. The transaction took place on November 16, 2021. The property spans approximately 122,763 square feet and was sold for a price of $18,400,000, resulting in a price per square foot of $150.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $18,400,000 (Approx.)
- Address: 9550 Highway 5, Douglasville, GA
- Market: Douglasville, GA
The buyer involved in this transaction is ALTO Real Estate Funds, represented by Mody Kidon & Yaniv Melamud.
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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93