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Spencer/Hines Acquires Office Property On Wade Hampton Boulevard For $1.7M
SOLD
$1,700,000
South Carolina
See Similar DealsOffice4,800 SF
Sold 05/16/2023
SOLD
Spencer/Hines Acquires Office Property On Wade Hampton Boulevard For $1.7M
1560 Wade Hampton Boulevard
See Similar DealsOffice4,800 SF
Sold 05/16/2023
Summary
SOUTH CAROLINA
Asset Type:Office
Price Per Square Foot:$354
Total Square Footage:4,800 SF
Transaction Type:Sale
An office property located at 1560 Wade Hampton Boulevard in Greenville, SC has been sold for $1,700,000. The property spans across 4,800 square feet, resulting in a price per square foot of $354.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,700,000
- Square Footage: 4,800
- Price per Square Foot: $354
- Address: 1560 Wade Hampton Boulevard, Greenville, SC
- Market: Greenville, SC
The transaction was facilitated by Zach Hines and Cameron Smith from Spencer/Hines agency.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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