Brandon Johnson Of Catalyst Investment Partners Acquires Industrial Property For $7.5M In Orlando
2475 Clark Street & 2501 Clark Street
$7,500,000
$86/SF
Building Size
86,550 SF
Asset Type
Industrial
Closing
Dec 20, 2024
AI
The asset involved in this transaction is an industrial property located at 2475 Clark Street and 2501 Clark Street in Orlando. The total square footage of the property is 43,275 square feet, and it was sold for a price of $7,500,000, which translates to a price per square foot of $173.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,500,000
- Address: 2475 Clark Street & 2501 Clark Street
- Market: Orlando
- Square Footage: 43,275
- Price per Square Foot: $173
- Buyer: Brandon Johnson - Catalyst Investment Partners
- Broker Representatives: Jerod Freeland & Lawson Dann - Foundry Commercial
This transaction featured notable figures in the real estate industry, with Brandon Johnson representing Catalyst Investment Partners as the buyer. The deal was facilitated by brokers Jerod Freeland and Lawson Dann from Foundry Commercial, emphasizing their roles in connecting the buyer with the property.
Players
Apopka 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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93