Triten Real Estate Partners Acquires Industrial Property On Bachman Road In Orlando For $2.6M
9390 Bachman Road
$2,575,000
Building Size
—
Asset Type
Industrial
Closing
Sep 5, 2023
AI
An industrial property located at 9390 Bachman Road in Orlando has been sold for $2,575,000. The property spans across 4.19 acres with a price per acre of $614,558. Both the buyer and the seller involved in this transaction have been identified.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,575,000
- Acres: 4.19
- Price Per Acre: $614,558
Triten Real Estate Partners, the buyer, purchased the industrial property from Murphy G M Living Trust, represented by GM Murphy. Panther Capital Group, specifically Matthew Demetrius and Guillermo de Nicolas, served as the brokers in this deal.
For inquiries or further information regarding industrial, IOS, mobile home parks, or land development properties, interested parties can contact Matthew Demetrius at 516-639-8333 or by email at [email protected]. Alternatively, Guillermo De Nicolas can be reached at 321-301-3947 or [email protected]. The brokers' expertise spans across diverse sectors, and their commitment to delivering results is evident in their history.
Players
Market 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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93