Ari Weber And Yerachmeal Jackobson Acquire Retail Property In Bossier City For $2.5M
SOLD
$2,500,000
Louisiana
See Similar DealsRetail19,131 SF
Sold 03/19/2025
SOLD
Ari Weber And Yerachmeal Jackobson Acquire Retail Property In Bossier City For $2.5M
1935 Airline Drive
See Similar DealsRetail19,131 SF
Sold 03/19/2025
Summary
LOUISIANA
Asset Type:Retail
Price Per Square Foot:$130
Total Square Footage:19,131 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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