Avison Young Acquires Medical Office In Las Vegas For $3.6M
6070 S Fort Apache Rd, Las Vegas, Nevada 89148, United States
$3,600,000
$360,000/SF
Building Size
10 SF
Asset Type
—
Closing
Jan 18, 2023
About this deal
AI
The medical office located at 6070 S. Fort Apache Road in Las Vegas, NV has been sold for $3,600,000. The property spans 10,000 square feet, resulting in a price per square foot of $360.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $3,600,000
- Square Footage: 10,000
- Price Per Square Foot: $360
- Address: 6070 S. Fort Apache Road, Las Vegas, NV
- Market: Las Vegas, NV
The buyer's representative in this transaction is Barton Hyde from Avison Young, while the seller's representative is Kevin Donahoe from Commercial Specialists.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93