Louis Goodmon Of Fresh Stop Acquires Retail Property From Petro Max In Trinidad For $5M
312 State Highway 31 East
Building Size
5,000 SF
Asset Type
Retail
Closing
Sep 22, 2025
AI
The property asset involved in this transaction is a retail space located at 312 State Highway 31 East in the Trinidad market. The asset encompasses a total square footage of 5,000. The sale involves a business and real estate sale from Petro Max to Fresh Stop.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 312 State Highway 31 East
- Market: Trinidad
- Square Footage: 5,000
- Buyer: Louis Goodmon - Fresh Stop
- Seller: Petro Max
- Buyer's Representative: Sage Chaffin, Amar Goli & Nolan Dunn - NorthMarq
- Seller's Representative: Aasir Momin - US Realty Partners
This transaction highlights the involvement of key individuals in the deal, including Louis Goodmon, who represents Fresh Stop as the buyer, and Aasir Momin, who acts as the representative of the seller, Petro Max. The buyer's representation by Sage Chaffin, Amar Goli, and Nolan Dunn from NorthMarq underscores the collaborative nature of the transaction.
Players
Trinidad Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93