Marcus & Millichap Acquires Industrial Property In Oviedo For $22.2M
5707 Dot Com Ct, Oviedo, FL 32765, USA
$22,200,000
$112/SF
Building Size
198,000 SF
Asset Type
Industrial
Closing
Aug 25, 2020
AI
The industrial property located at 5700, 5707, and 5712 Dot Com Court in Oviedo has been sold for a total price of $22,200,000. The transaction took place on August 26, 2020. The property spans across 198,000 square feet, resulting in a price per square foot of $112.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $22,200,000
- Square Footage: 198,000
- Price per Square Foot: $112
- Market: Oviedo
The seller of the property was Ganesh Holdings Inc, and they were represented by Joe Rossi and Nick Hanson from Colliers International. On the buyer's side, Nick Ledvora from Marcus & Millichap acted as the representative.
Players
Oviedo 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
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93