Howard Roark Acquires Retail Property At 4730 NE 2nd Avenue, Buena Vista For $3M
SOLD
$3,000,000
Overijssel
See Similar DealsRetail4,000 SF
Sold 10/27/2022
SOLD
Howard Roark Acquires Retail Property At 4730 NE 2nd Avenue, Buena Vista For $3M
4730 NE 2 Avenue
See Similar DealsRetail4,000 SF
Sold 10/27/2022
Summary
Asset Type:Retail
Price Per Square Foot:$750
Total Square Footage:4,000 SF
Transaction Type:Sale
A retail property located at 4730 NE 2nd Avenue in Buena Vista has been sold for $3,000,000. The property spans 4,000 square feet, resulting in a price per square foot of $750. The transaction took place on October 27, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Square Footage: 4,000
- Price per Square Foot: $750
- Address: 4730 NE 2nd Avenue, Buena Vista
- Market: Buena Vista
Howard Roark purchased the property from Dale Russell. The transaction was facilitated by Alfredo Riascos of Gridline Properties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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