SOLDOffice
Julia Evinger Sells Office Property In Avon, Indiana For $1.1M
6319 E US Hwy 36, Avon, IN 46123
$1,100,000
$50/SF
Building Size
21,600 SF
Asset Type
Office
Closing
Apr 5, 2023
AI
An office property located at 6319 E U.S. Hwy 36 in Avon, Indiana has been sold for a price of $1,100,000. The property spans a total area of 21,600 square feet, resulting in a price per square foot of $51.
Summary of transation details
- Property Type: Office
- Transaction Amount: $1,100,000
- Address: 6319 E U.S. Hwy 36, Avon, Indiana
- Market: Avon, Indiana
- Broker: Julia Evinger - Marcus & Millichap
- Square Footage: 21,600
- Price per Square Foot: $51
The deal was facilitated by Julia Evinger from Marcus & Millichap, who served as the representative for the transaction.
Players
Avon Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93