Millenia Plaza LLC Purchases Property From Private Investor For $7.1 Million In Orlando
4724 Millenia Plaza Way, Orlando, FL...
$7,100,000
$865/SF
Building Size
8,200 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in the transaction is located at 4724 Millenia Plaza Way, Orlando, FL. The transaction was valued at $7,100,000.00 for a total square footage of 8,200. The market for this property is Orlando. The seller is a private investor.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $7,100,000.00
- Address: 4724 Millenia Plaza Way, Orlando, FL
- Square Footage: 8,200
- Market: Orlando
- Seller: Private Investor
- Buyer: Millenia Plaza LLC
- Seller's Representative: Chris Kostanecki, Jerry Jones (Inc)
The key individuals involved in the transaction include the buyer, Millenia Plaza LLC, who acquired the property from a private investor. The representatives for the seller, Chris Kostanecki and Jerry Jones from Inc., facilitated the deal.
On the Map
$7,100,000
$865/SF
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Players
Orlando 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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93