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
Market 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
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93