Updated Feb 24, 2025
Infinity Properties Acquires Industrial Asset In Orlando For $43M
$43,000,000
Building Size
—
Asset Type
Industrial
Closing
Dec 20, 2023
About this deal
AI
The property involved in this transaction is an industrial asset located at 317-337 Northlake Boulevard, 620-658 Douglas Avenue, and 217-311 Altamonte Commerce Boulevard in Orlando. The property was sold for a total price of $43,000,000.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $43,000,000
- Buyer: Infinity Properties - Brett L. Schlacter, Shane Decker, and Peleg Amzalag
The buyers of this property are Infinity Properties, represented by Brett L. Schlacter, Shane Decker, and Peleg Amzalag. The transaction took place on December 20, 2023.
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
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93