Horvath & Tremblay Brokers Sell Retail Property In Naples, ME For $1.6M
457 Roosevelt Trail, Naples, Maine 04055, United States
$1,625,000
Building Size
—
Asset Type
Retail
Closing
Mar 17, 2022
AI
A retail property located at 457 Roosevelt Trail in Naples, ME was sold for $1,625,000 on 03/18/2022. The property is situated in a market known for its commercial activities.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,625,000
- Address: 457 Roosevelt Trail, Naples, ME
- Market: Naples, ME
The sale was facilitated by brokers Kyle Danielson, Luke Thomson, Dan Bernardini, Bob Horvath, and Todd Tremblay from Horvath & Tremblay. These brokers represented the parties involved in the transaction.
Players
Naples 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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93