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Vanio Studzinski & Brother Lawn Service LLC Purchases Industrial Building In Culpeper For $1M
SOLD
$1,000,000
Virginia
See Similar DealsIndustrial7,260 SF
Sold 05/08/2025
SOLD
Vanio Studzinski & Brother Lawn Service LLC Purchases Industrial Building In Culpeper For $1M
15544 Braggs Corner Road & 15546 Braggs Corner Road
See Similar DealsIndustrial7,260 SF
Sold 05/08/2025
Summary
VIRGINIA
Asset Type:Industrial
Price Per Square Foot:$137
Total Square Footage:7,260 SF
Transaction Type:Sale
The property involved in this transaction is a 3,630 sq. ft. industrial/flex building located at 15544-15546 Braggs Corner Road in Culpeper, VA. It was sold for a price of $1,000,000, translating to a price per square foot of $275.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,000,000
- Square Footage: 3,630
- Address: 15544-15546 Braggs Corner Road
- Market: Culpeper, VA
- Buyer: Vanio Studzinski & Brother Lawn Service, LLC
- Broker: Jamie A. Scully & CCIM - Cushman & Wakefield
Vanio Studzinski and Brother Lawn Service, LLC acquired the property as an investment, facilitated by broker Jamie A. Scully, who represents Cushman & Wakefield in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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