Updated Oct 29, 2024
MCM-WAGS III LLC & MFLC Holdings LLC Acquires Retail Property In Jamestown, NC For $7.33M
5005 Mackay Road Jamestown, North Carolina 27282, USA
$7,330,000
Building Size
—
Asset Type
Retail
Closing
Jun 14, 2023
About this deal
AI
The retail property located at 5005 Mackay Road in Jamestown, NC has been sold. The sale took place on June 14, 2023, with the buyer being MCM-WAGS III LLC & MFLC Holdings LLC, and the seller being Jubilee Greensboro LLC. The property was sold for a price of $7,330,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,330,000
- Address: 5005 Mackay Road, Jamestown, NC
- Market: Jamestown, NC
MCM-WAGS III LLC & MFLC Holdings LLC were the buyers in this transaction, while Jubilee Greensboro LLC acted as the seller.
Players
Jamestown Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93