Capital Square 1031 Acquires Kissimmee Housing Community For $45.6M
4658 Whispering Pines Boulevard, Kissimmee, FL, USA
$45,600,000
$33,357/SF
Building Size
1,367 SF
Asset Type
Co-Op
Closing
Dec 1, 2020
AI
The housing community located at 4658 Whispering Pines Boulevard in Kissimmee has been sold for a total price of $45,600,000. The property spans across 61 acres, resulting in a price per acre of approximately $747,541. The transaction took place on December 2, 2020.
Summary of transaction details
- Property Type: Housing Community
- Transaction Amount: $45,600,000
- Address: 4658 Whispering Pines Boulevard
- Market: Kissimmee
Capital Square 1031, represented by Whitson Huffman and Louis Rogers, acquired the housing community from Kurtell Growth Industries.
Players
Kissimmee Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
Loading comparables…
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