Dream Finders Homes Acquires 115.5 Acres Of Land In Apopka For $10.3M
4338 Ondich Road, Apopka, Florida 32712, United States
$10,300,000
Building Size
—
Asset Type
—
Closing
Sep 11, 2022
About this deal
AI
The property involved in this transaction is a land located at 4338 Ondich Rd in Apopka. It spans across 115.5 acres. The sale of this land took place on 09/12/2022.
Summary of transaction details:
- Property Type: Land
- Sale Price: $10,300,000
- Address: 4338 Ondich Rd, Apopka
- Market: Apopka
- Acres: 115.5
The buyer in this transaction is DFC Kelly Park LLC, represented by Steven Thorp from Dream Finders Homes. The seller, on the other hand, is GAlvin Land Services LLC & Kelly Park Land Investments LLC, with Mike Galvin as their representative.
Players
Apopka CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93