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Prospect Real Estate Group Acquires Development Site In Kissimmee For $10.4M

Property Image
SOLD
$10,400,000
NC
RS
WF

Florida

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Development Site453 SF
Sold 06/01/2023
the dealplayerscompscontact
Property Image
SOLD

Prospect Real Estate Group Acquires Development Site In Kissimmee For $10.4M

806 West Oak Street, Kissimmee, Florida 34741, United States

See Similar Deals
Development Site453 SF
Sold 06/01/2023
NC
RS
WF
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$22,958
Total Square Footage:453 SF
Transaction Type:Sale

The development site located at 806 W Oak St in Kissimmee has been sold for $10,400,000. Spanning a total area of 453,024 square feet, the property was acquired by Prospect Real Estate Group, represented by Navish Chawla, Richard G. Zahn Sr., Michele Zahn, and Willie Frias. The seller, Saxon Partners, was represented by David Calcanis from Colliers International. The transaction was completed on January 6, 2023.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $10,400,000
  • Square Footage: 453,024
  • Address: 806 W Oak St, Kissimmee
  • Market: Kissimmee

Moushumi "Chinni" Ganguli from CityLights RE, Inc represented the buyer's side and played a key role in the successful completion of the deal. The buyer, Prospect Real Estate Group, demonstrated their confidence in the investment by acquiring this development site. Through their expertise and negotiaon skills, they secured a valuable asset in the Kissimmee market.

Players

NC
Navish Chawla
2 deals$20.8M volume
BUYER
RS
Richard G. Zahn Sr.
2 deals$20.8M volume
BUYER
PG
Prospect Real Estate Group
BUYER
WF
Willie Frias
2 deals$20.8M volume
BUYER
SP
Saxon Partners
SELLER

Details

SOLD
IMAGE: Willie Frias, David Calcanis, Richard G. Zahn Sr (@Zahnsr.Richard), Michele Zahn, Navish Chawla & Moushumi "Chinni" Ganguli DATE: 01/06/2023 ADDRESS: 806 W Oak St MARKET: Kissimmee ASSET TYPE: Development Site BUYER: Prospect Real Estate Group - Navish Chawla, Richard G. Zahn Sr., Michele Zahn & Willie Frias SELLER: Saxon Partners BUYER'S REP: Moushumi "Chinni" Ganguli (@Bengals_Finest) - CityLights RE, Inc (@Citylights_re) SELLER'S REP: David Calcanis - Colliers International (@ColliersInternational) SALE PRICE: $10,400,000 SF: 453,024 ~ PPSF: $23

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