Care Resource Community Health Centers Acquires Office Building In Little Havana For $5.4M
SOLD
$5,400,000
Missouri
See Similar DealsOffice324,080 SF
Sold
SOLD
Care Resource Community Health Centers Acquires Office Building In Little Havana For $5.4M
1800 Southwest First Street
See Similar DealsOffice324,080 SF
Sold
Summary
MISSOURI
Asset Type:Office
Price Per Square Foot:$16
Total Square Footage:324080 SF
Transaction Type:Sale
An office property located at 1800 Southwest First Street in the Little Havana market has been sold for $5,400,000. The property spans 32,408 square feet, resulting in a price per square foot of $166.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,400,000
- Square Footage: 32,408
- Price per Square Foot: $166
- Address: 1800 Southwest First Street
- Market: Little Havana
Care Resource Community Health Centers is the buyer of the office property, while Mohammad Siddiq Khan and Ghazala Bilqees are the sellers. The transaction was facilitated by brokers Carlos Fausto Miranda and Alessandro Lima of Fausto Commercial, along with Manuel Perez of Keyes Company.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
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