Liberty Investment Partners Acquires Retail Property On Village Avenue, Yorktown, VA For $8.2M
119 Village Avenue, Yorktown, Virginia 23693, United States
$8,200,000
$182,222/SF
Building Size
45 SF
Asset Type
Retail
Closing
May 12, 2022
AI
The retail property located at 119 Village Avenue in Yorktown, VA has been sold for $8,200,000. The property spans across 45,255 square feet and was purchased by Liberty Investment Partners from Glazer Properties. The transaction was facilitated by brokers Jason Oliver, Rachel Salasky, and George Fox from Divaris Real Estate.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $8,200,000
- Address: 119 Village Avenue, Yorktown, VA
- Market: Yorktown, VA
- Buyer: Liberty Investment Partners
- Seller: Glazer Properties
- Brokers: Jason Oliver, Rachel Salasky & George Fox - Divaris Real Estate
- Square Footage: 45,255
- Price Per Square Foot: $181
This transaction brings together Liberty Investment Partners as the buyer and Glazer Properties as the seller in the sale of this retail asset. The deal was successfully brokered by Jason Oliver, Rachel Salasky, and George Fox from Divaris Real Estate. The sale price of $8,200,000 reflects a price per square foot of $181.
Players
Yorktown 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
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93