Fimiani Development Corporation Acquires Retail Property In Hopkinsville, KY For $3.75M
3010 Fort Campbell Boulevard, Hopkinsville, Kentucky 42240, United States
$3,750,000
$44/SF
Building Size
85,000 SF
Asset Type
Retail
Closing
Oct 11, 2022
About this deal
AI
The retail property located at 3010 Fort Campbell Blvd in Hopkinsville, KY has been sold in a transaction that took place on 10/12/2022. The property spans over 12 acres and has a total area of 85,000 square feet. The sale price for this property was $3,750,000, resulting in a price per square foot of $44.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,750,000
- Address: 3010 Fort Campbell Blvd, Hopkinsville, KY
- Market: Hopkinsville, KY
- Acres: 12
- Size: 85,000 square feet
The buyer in this transaction is Fimiani Development Corporation, represented by Mike Fimiani. On the other hand, the seller is Seritage KMT Finance. These individuals and companies played a key role in the successful completion of this property sale.
Players
Hopkinsville 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93