Phillips Edison & Company Acquires Property At 1160 Fl-434 Winter Springs For $24.87M
1160 Fl-434, Winter Springs, FL, 32708
$24,870,000
$214/SF
Building Size
115,767 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property involved in the transaction is located at 1160 Fl-434, Winter Springs, FL, 32708. This asset is valued at $24,870,000.00 and encompasses a total area of 115,767 square feet, situated within the Winter Springs market.
Summary of transaction details:
- Property Type: Asset
- Transaction Amount: $24,870,000.00
- Address: 1160 Fl-434, Winter Springs, FL, 32708
- Market: Winter Springs
- Seller's Representative: John Campbell - The Corcoran Group
- Buyer: Phillips Edison & Company
John Campbell from The Corcoran Group represents the seller in this transaction, facilitating the process for Phillips Edison & Company, the buyer of the property detailed above.
Winter Springs CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93