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5707 Dot Com Ct, Oviedo, FL...

Marcus & Millichap Acquires Industrial Property In Oviedo For $22.2M
SOLDIndustrial

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

Nick Ledvora

LH Capital Partners

Broker

$127M

vol

11 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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