Updated Oct 29, 2024
Axiom Capital Advisors Sells Industrial Property In Orlando For $6.3M
385 East Landstreet Road
$6,336,763
$29/SF
Building Size
211,701 SF
Asset Type
Industrial
Closing
Sep 14, 2023
About this deal
AI
The property involved in this transaction is an industrial asset located at 385 West Landstreet Road in Orlando. The property spans a total area of 211,701.60 square feet. The sale price for this asset was $6,336,763, which translates to a price per square foot of $30.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,336,763
- Square Footage: 211,701.60
- Address: 385 West Landstreet Road, Orlando
The brokers involved in this deal were Jose Sasson Lerner and Roberto Susi, representing AXIOM Capital Advisors. They specialize in sourcing and facilitating off-market transactions. For further inquiries, interested parties can contact Robert Susi at 305-528-3283 or [email protected], or Jose Sasson at 786-393-8089 or [email protected].
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
2.50%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93