Updated Dec 19, 2023
$1.77M Retail Property Sold In Olive Branch, MS With Brokers Randy Blankstein & Jimmy Goodman - The Boulder Group
6830 Goodman Road, Olive Branch, Mississippi 38654, United States
$1,770,000
$252/SF
Building Size
7,000 SF
Asset Type
Retail
Closing
Dec 8, 2021
About this deal
AI
The property involved in this recent transaction is a retail asset located at 6830 Goodman Road in Olive Branch, MS. The sale price for this property was $1,770,000, with a total square footage of 7,000. The price per square foot (PPSF) was $253.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,770,000
- Address: 6830 Goodman Road, Olive Branch, MS
- Market: Olive Branch, MS
- Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group
- Square Footage: 7,000
- Price per Square Foot (PPSF): $253
Randy Blankstein and Jimmy Goodman from The Boulder Group represented the parties involved in this transaction.
Players
Olive Branch 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
8.96%
Cash-on-Cash
-2.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93