Ari Weber And Yerachmeal Jackobson Acquire Retail Property In Bossier City For $2.5M
1935 Airline Drive
$2,500,000
$130/SF
Building Size
19,131 SF
Asset Type
Retail
Closing
Mar 19, 2025
AI
The property asset involved in the transaction is a retail space located at 1935 Airline Drive in Bossier City. The transaction was completed for a price of $2,500,000.00 and covers a total area of 19,131 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,500,000.00
- Address: 1935 Airline Drive
- Market: Bossier City
- Square Footage: 19,131.0
- Buyer: Ari Weber and Yerachmeal Jackobson
- Seller: Art Schuldt
The deal involved buyers Ari Weber and Yerachmeal Jackobson acquiring the property from seller Art Schuldt. The transaction reflects the active engagement of the involved parties in the retail market.
Bossier City 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93