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Luis Calle Acquires Retail Property In Yarmouth Port For $1.075M
SOLD
$1,075,000
Massachusetts
See Similar DealsRetail
Sold 02/23/2024
SOLD
Luis Calle Acquires Retail Property In Yarmouth Port For $1.075M
161 Main Street
See Similar DealsRetail
Sold 02/23/2024
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale
The property located at 161 Main Street Route 6A in Yarmouth Port, MA, known as Jack’s Outback II, was sold for $1.075 million in a successful transaction overseen by Aaron Webb of Commercial Realty Advisors.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,075,000
- Buyer: Luis Calle
- Broker: Aaron Webb - Commercial Realty Advisors
Agent Aaron Webb played a crucial role in ensuring the seamless transition of Jack’s Outback II at its asking price, facilitating the sale to Luis Calle.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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