facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

Pennsylvania

/

Mixed Use

/

Sale

/

528-40 West Oxford Street

SCOPE Acquires Mixed-Use Property On West Oxford Street In Philadelphia For $9.7M
SOLDMixed-use

SCOPE Acquires Mixed-Use Property On West Oxford Street In Philadelphia For $9.7M

528-40 West Oxford Street

$9,705,000

$308/SF

Building Size

31,500 SF

Asset Type

Mixed-use

Closing

Nov 17, 2022

AI

The mixed-use property located at 528-40 West Oxford Street in Philadelphia was recently sold. The transaction took place on November 17, 2022, and the sale price for the property was $9,705,000. The property spans 31,500 square feet, resulting in a price per square foot of $308.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $9,705,000
  • Square Footage: 31,500
  • Price per Square Foot: $308
  • Address: 528-40 West Oxford Street, Philadelphia

The deal was facilitated by Phil Sharrow from SCOPE, who represented one of the parties involved in the transaction.

It is worth noting that each unit within the property was sold for an average of $323,500, which includes small-format commercial spaces.

Players

Phil Sharrow

Broker

$30.8M

vol

4 deals

Broker

Philadelphia Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.63%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93