Legacy Realty Group Advisors Sells Truman Center In Excelsior Springs For $2.2M
2367 Vintage Court
$2,200,000
$104/SF
Building Size
21,000 SF
Asset Type
Retail
Closing
Jan 31, 2024
AI
The sale of Truman Center, a retail property located at 2367 Vintage Dr Ste A, Excelsior Springs, MO, has been successfully brokered by Ari Warshaw & Jonah Warshaw from Legacy Realty Group Advisors. The transaction closed on 01/31/2024, with a sale price of $2,200,000. The asset spans 21,000 square feet, resulting in a price per square foot of $105.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,200,000
- Market: Excelsior Springs, MO
- Brokers: Ari Warshaw & Jonah Warshaw - Legacy Realty Group Advisors
Legacy Realty Group Advisors played a pivotal role in facilitating the sale of Truman Center, marking a significant transaction in the retail real estate market of Excelsior Springs, MO.
Players
Excelsior Springs 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93