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1211 Seminola Boulevard

Last Mile Acquisitions And Present Equity Acquire Industrial Property In Casselberry For $2.55M
SOLDIndustrial

Last Mile Acquisitions And Present Equity Acquire Industrial Property In Casselberry For $2.55M

1211 Seminola Boulevard

$2,550,000

$91/SF

Building Size

28,000 SF

Asset Type

Industrial

Closing

Nov 16, 2023

AI

Located at 1211 Seminola Boulevard in Casselberry, this industrial property was recently sold in a closed transaction. The property spans 28,000 square feet and was sold for a price of $2,550,000, resulting in a price per square foot of $91.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,550,000
  • Address: 1211 Seminola Boulevard
  • Market: Casselberry

Last Mile Acquisitions and Present Equity acted as the buyers in this transaction. Oniel Samuel represented Last Mile Acquisitions, while Shai Moschowits represented Present Equity. Meanwhile, Al Feldman was the seller of the property.

The buyer's representatives were Jose Sasson Lerner and Eli Sasson Bril from AXIOM Capital Advisors. Miguel Pinto and Felipe Escobar from APEX Capital Realty represented the seller in the deal.

It's worth noting that the buyer had legal representation from Alan J. Marcus.

For more information on off-market transactions and to get in touch with the buyer's representatives, you can contact Eli Sasson at 786-252-7223 or [email protected], as well as Jose Sasson at 786-393-8089 or [email protected].

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$878.8M

vol

78 deals

Broker

Casselberry Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93