Eli Sasson Bril Of AXIOM Capital Advisors Represents Buyer In Orlando Industrial Sale For $1.8M
SOLD
$1,800,000
Florida
See Similar DealsIndustrial13,000 SF
Sold 10/18/2024
SOLD
Eli Sasson Bril Of AXIOM Capital Advisors Represents Buyer In Orlando Industrial Sale For $1.8M
425 Fairvilla Road
See Similar DealsIndustrial13,000 SF
Sold 10/18/2024
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$138
Total Square Footage:13,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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