facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

7038 Stapoint Court, Winter...

Marcus & Millichap Brokers Sell Industrial Property In Winter Park For $4.2M
SOLDIndustrial

Marcus & Millichap Brokers Sell Industrial Property In Winter Park For $4.2M

7038 Stapoint Court, Winter Park, FL 32792, USA

$4,200,000

$150/SF

Building Size

28,000 SF

Asset Type

Industrial

Closing

Dec 8, 2021

AI

Located in Winter Park, the industrial property at 7038 Stapoint Court has been sold by Malahan Investments. The property spans 28,000 square feet and was sold for a price of $4,200,000, resulting in a price per square foot of $150. The transaction took place on December 8, 2021, and was facilitated by the team of Michael Alaoui, Braden Dwyer, and Nick Ledvora from Marcus & Millichap.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,200,000
  • Address: 7038 Stapoint Court
  • Market: Winter Park

The sale of the property was handled by the broker team at Marcus & Millichap, consisting of Michael Alaoui, Braden Dwyer, and Nick Ledvora. Their expertise and representation played a crucial role in the successful completion of the deal.

Players

Michael Alaoui

Marcus & Millichap

Broker

$45.6M

vol

6 deals

Broker

Winter Park 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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93