Buligo Capital Partners Acquires Industrial Property In Apopka, FL For $7.85M
2840 Orange Avenue
$7,850,000
$111/SF
Building Size
70,325 SF
Asset Type
Industrial
Closing
Dec 20, 2023
AI
The industrial property located at 2840 Orange Avenue in Apopka, FL has been sold in a closed transaction. The property spans 70,325 square feet and was sold for a price of $7,850,000, resulting in a price per square foot of $112. The sale took place on December 20, 2023. The seller of the property is the Tolliver Family, while the buyer is Buligo Capital Partners.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,850,000
- Square footage: 70,325
- Price per square foot: $112
- Address: 2840 Orange Avenue, Apopka, FL
- Market: Apopka, FL
The transaction was facilitated by brokers Marc Smouha and David Warren from KSR. If you are interested in transacting in the Southeast Industrial Markets, you can reach out to Marc Smouha at [email protected] or David Warren at [email protected]. Happy Holidays!
Players
Apopka 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
2.02%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93