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Enterprise Street

Sean Silverbrook, Lee J. Brodsky & Keyvan Ghaytanchi Of BEB Credit Opportunity Fund Provide $2.45M Loan For Industrial Property In Ocoee
FINANCEDIndustrial

Sean Silverbrook, Lee J. Brodsky & Keyvan Ghaytanchi Of BEB Credit Opportunity Fund Provide $2.45M Loan For Industrial Property In Ocoee

Enterprise Street

$2,450,000

$86/SF

Building Size

28,500 SF

Asset Type

Industrial

Closing

Dec 12, 2024

AI

The property asset involved in this transaction is located at 399-401 Enterprise Street, Ocoee. It is classified as an industrial asset with a total square footage of 28,500. The loan amount for this acquisition is $2,450,000, with terms that are non-recourse, flexible prepayment, and quick closing.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,450,000
  • Date: 12/12/2024
  • Lender: BEB Credit Opportunity Fund, L.P.
  • Loan Type: Acquisition
  • Loan Terms: Non-recourse, flexible prepayment, quick closing

The key individuals and companies involved in this transaction include BEB Credit Opportunity Fund, L.P. as the lender, facilitating the financing for the acquisition of the industrial property at the designated address.

Players

BEB Capital
BEB Capital Lender

Ocoee Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.47%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93