Updated Nov 20, 2023
Divaris Real Estate Brokers $14.8M Retail Sale In Waynesville, NC
1220 Russ Avenue, Waynesville, North Carolina 28786, USA
$14,800,000
Building Size
—
Asset Type
Retail
Closing
May 25, 2023
About this deal
AI
The recently closed property transaction in Waynesville, NC involved a Retail asset located at 1220 Russ Avenue. The property boasts a sale price of $14,800,000, making it a significant acquisition in the market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,800,000
- Address: 1220 Russ Avenue, Waynesville, NC
- Market: Waynesville, NC
Jessica Johnson of Divaris Real Estate represented the buyer as the broker in this deal, showcasing her expertise in facilitating successful property transactions.
The retail sale at 1220 Russ Avenue, Waynesville, North Carolina 28786, USA in Waynesville, North Carolina sold for $14.8M in 2023. 1220 Russ Avenue, Waynesville, North Carolina 28786, USA is classified as Retail on Traded. Named participants on the 1220 Russ Avenue, Waynesville, North Carolina 28786, USA sale are Jessica Johnson. This page is the Waynesville, North Carolina file for the 1220 Russ Avenue, Waynesville, North Carolina 28786, USA retail sold: pricing, party profiles, and other closed retail comps from the same Waynesville sit in the Market section below. Filter that Waynesville retail set by closing date to see what else sold near 1220 Russ Avenue, Waynesville, North Carolina 28786, USA around 2023. Published consideration for 1220 Russ Avenue, Waynesville, North Carolina 28786, USA is $14.8M, dated 2023. Cite this Divaris Real Estate Brokers $14.8M Retail Sale In Waynesville, NC sale when underwriting similar retail product around Waynesville, North Carolina.
Players
Waynesville 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
1.07%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93