Updated Dec 4, 2024
Cooper Group Facilitates $3M Sale Of Hudson Health Center In Akron
5778 Darrow Road
$3,000,000
$183/SF
Building Size
16,352 SF
Asset Type
Medical Office
Closing
Feb 16, 2024
About this deal
AI
The University Hospital’s Hudson Health Center, located at 5778 Darrow Road in Hudson, OH, was recently sold for $3,000,000. The medical office building, situated on 2.3 acres of land, spans a total of 16,352 square feet. The transaction was facilitated by Bob Havasi & Dan Cooper of the Cooper Group, with a price per square foot of $183.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $3,000,000
- Address: 5778 Darrow Road
- Market: Hudson, OH
- Asset Type: Medical Office
- Acres: 2.3
- Brokers: Bob Havasi & Dan Cooper - Cooper Group
- SF: 16,352
- PPSF: $183
Bob Havasi and Dan Cooper, representing the Cooper Group, played pivotal roles in the $3 million transaction of University Hospital’s Hudson Health Center. The property, which boasts 16,352 square feet on 2.3 acres of land, now stands as a prime medical office building in the Hudson area, marking a significant deal in the local real estate market.
Players
Hudson Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93