facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

2103 Church Street

Mindful Capital Group Acquires Industrial Property In Orlando For $4.6M
SOLDIndustrial

Mindful Capital Group Acquires Industrial Property In Orlando For $4.6M

2103 Church Street

$4,575,000

$85/SF

Building Size

53,484 SF

Asset Type

Industrial

Closing

Feb 21, 2023

AI

The property asset involved in this transaction is an industrial asset located at 2103 Church Street in the Orlando market. The sale price for the property was $4,575,000, with a total square footage of 53,484, resulting in a price per square foot of $86.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,575,000
  • Address: 2103 Church Street
  • Market: Orlando
  • Square Footage: 53,484
  • Price Per Square Foot: $86
  • Buyer: Mindful Capital Group
  • Buyer's Representatives: Patrick Carney & Jeffrey Pechter

The deal was facilitated by representatives Patrick Carney and Jeffrey Pechter, who acted on behalf of Mindful Capital Group in this transaction. Their involvement highlights the collaboration necessary in navigating the complexities of property sales within the industrial market.

Players

Patrick Carney

Mindful Capital

Broker

$226M

vol

17 deals

Broker
Jeffrey Pechter

Jeffrey Pechter

Mindful Capital

Buyer

$137.9M

vol

12 deals

Buyer

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.47%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93