RADCO Companies Acquires Property In Casselberry For $45.3 Million With Seller's Rep Ken DelVillar
100 Reflections Cir, Casselberry, FL, 3...
$45,300,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in the transaction is located at 100 Reflections Cir, Casselberry, FL, within the Casselberry market. The transaction was completed at a price of $45,300,000.00, with the property having a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $45,300,000.00
- Address: 100 Reflections Cir, Casselberry, FL
- Market: Casselberry
- Seller's Representative: Ken DelVillar (JLL)
- Buyer: RADCO Companies
- Seller: Not specified
- Square Footage: 0
The deal involved Ken DelVillar from JLL representing the seller while RADCO Companies acted as the buyer in this transaction. The parties were successfully able to complete the transaction within the Casselberry market parameters.
Players
Casselberry CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93