Eli Sasson Bril Of AXIOM Capital Advisors Represents Buyer In Orlando Industrial Sale For $1.8M
425 Fairvilla Road
$1,800,000
$138/SF
Building Size
13,000 SF
Asset Type
Industrial
Closing
Oct 18, 2024
AI
This industrial asset, located at 425 Fairvilla Road in Orlando, was sold for $1,800,000. Covering a total area of 13,000 square feet, the price per square foot amounts to $138.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,800,000
- Address: 425 Fairvilla Road
- Market: Orlando
- Square Footage: 13,000
- Price per Square Foot: $138
- Seller: Tom Tanenbaum
- Buyer’s Representative: Eli Sasson Bril - AXIOM Capital Advisors
- Seller’s Representative: Miguel Pinto - APEX Capital Realty
The transaction involved key representatives with Eli Sasson Bril representing the buyer and Miguel Pinto representing the seller, facilitating the exchange of the property efficiently in the Orlando market.
Players
Orlando 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93