SOLDRetail
Luis Calle Acquires Retail Property In Yarmouth Port For $1.075M
161 Main Street
$1,075,000
Building Size
—
Asset Type
Retail
Closing
Feb 23, 2024
AI
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.
Yarmouth Port 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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93