SOLDDevelopment Site
Sotheby's International Realty Agents Sell 52.8 Acre Development Site In Orlando For $19.4 Million
$19,400,000
Building Size
—
Asset Type
Development Site
Closing
Nov 22, 2023
AI
A development site in Orlando has been sold for $19,400,000. The site spans across 52.8 acres and is located in the Orlando market. The transaction took place on November 22, 2023.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $19,400,000
- Market: Orlando
- Acres: 52.8
The deal was facilitated by Grace Arkalji and Christiaan De La Fe from Sotheby's International Realty. They represented the parties involved in the transaction as brokers.
Players
Market Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.82%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93