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8 Johns Drive

April Blount Of Berkshire Hathaway HomeServices Represents Buyer In Retail Sale At 8 Johns Drive For $1.45M
SOLDRetail

April Blount Of Berkshire Hathaway HomeServices Represents Buyer In Retail Sale At 8 Johns Drive For $1.45M

8 Johns Drive

$1,450,000

$414/SF

Building Size

3,500 SF

Asset Type

Retail

Closing

Oct 3, 2024

AI

The property asset involved in this transaction is a retail space located at 8 Johns Drive in Warren. The sale price for this asset was $1,450,000. It encompasses a total area of 3,500 square feet, resulting in a price per square foot of $414.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,450,000
  • Square Footage: 3,500 SF
  • Price per Square Foot: $414
  • Date of Sale: 10/03/2024
  • Buyer's Representative: April Blount at Berkshire Hathaway HomeServices
  • Market: Warren
  • Address: 8 Johns Drive

This transaction prominently featured April Blount as the buyer's representative, operating under Berkshire Hathaway HomeServices. The representation suggests a focused approach in navigating the retail market in Warren, emphasizing professional negotiation and transaction management throughout the sale process.

Players

April Blount

Berkshire Hathaway HomeServices

Broker

$11.8M

vol

8 deals

Broker

Warren 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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93