Eddie Surkin & Alicia Surkin Acquire Retail Property In Horn Lake For $1.95M
749 W Goodman Rd Horn Lake, MS 38637
$1,950,000
$329/SF
Building Size
5,916 SF
Asset Type
Retail
Closing
Feb 23, 2022
AI
A retail property located at 749 W. Goodman Rd. in Horn Lake has been sold for a total price of $1,950,000. The property spans a total of 5,916 square feet, resulting in a price per square foot of $329.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $1,950,000
- Address: 749 W. Goodman Rd.
- Market: Horn Lake
- SF: 5,916
- PPSF: $329
The buyers of the property are Eddie Surkin and Alicia Surkin. The sale was facilitated by Rick Ramirez, Eric Mandell, and Chris Kim of Ally Commercial Real Estate who represented the buyers in the transaction.
Players
Horn Lake 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93