Kemperle Family Acquires Office Property In Huntington For $2.86M
94 North Woodhull Road
$2,860,000
$247/SF
Building Size
11,577 SF
Asset Type
Office
Closing
Nov 8, 2023
About this deal
AI
The office property located at 94 North Woodhull Road in Huntington has been sold for a total price of $2,860,000. The property spans a total area of 11,577 square feet, resulting in a price per square foot of $247. The transaction took place on November 8, 2023, and involved the following parties:
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,860,000
- Address: 94 North Woodhull Road, Huntington
- Market: Huntington
- Buyer: Kemperle Family
- Seller: Anthony Cutrone & Conor Lynch
- Brokers: Stephen R. Preuss Sr., Kevin Schmitz, Andreas Efthymiou, & Kevin Louie - Ripco
The buyer in this transaction was the Kemperle Family, while the sellers were Anthony Cutrone and Conor Lynch. Representing the parties involved in the deal were brokers Stephen R. Preuss Sr., Kevin Schmitz, Andreas Efthymiou, and Kevin Louie from Ripco.
Players
Huntington Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Kevin Schmitz to view all their deals.
Browse Huntington office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.55%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93