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
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