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102 South Mendenhall Street

Harsh Patel, Harshil Patel, Yash Bharodia & Rahul Dakoria Acquire Mixed-Use Property In Greensboro, NC For $1.025M
SOLDMixed-use

Harsh Patel, Harshil Patel, Yash Bharodia & Rahul Dakoria Acquire Mixed-Use Property In Greensboro, NC For $1.025M

102 South Mendenhall Street

$1,025,000

$57/SF

Building Size

17,997 SF

Asset Type

Mixed-use

Closing

Sep 28, 2023

AI

The mixed-use property located at 102 South Mendenhall Street in Greensboro, NC has been sold for a total of $1,025,000. The property spans a total of 17,997 square feet, resulting in a price per square foot of $57.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,025,000
  • Square Footage: 17,997
  • Price per Square Foot: $57
  • Address: 102 South Mendenhall Street, Greensboro, NC
  • Market: Greensboro, NC

The buyers of the property are Harsh Patel, Harshil Patel, Yash Bharodia, and Rahul Dakoria. On the other hand, the seller is Bill Burckley.

Players

Harsh Patel

Buyer

$1M

vol

3 deals

Buyer

Greensboro Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.48%

Cash-on-Cash

-4.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93