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401 Enterprise Street

Thomas Ginther Sells Industrial Asset At 401 Enterprise Street Ocoee For $3.85M With Broker Felipe Escobar
SOLDIndustrial

Thomas Ginther Sells Industrial Asset At 401 Enterprise Street Ocoee For $3.85M With Broker Felipe Escobar

401 Enterprise Street

$3,850,000

$64/SF

Building Size

60,000 SF

Asset Type

Industrial

Closing

Dec 9, 2024

AI

The property asset involved in this transaction is an industrial facility located at 401 Enterprise Street in Ocoee. The sale was finalized for a price of $3,850,000, encompassing a total square footage of 60,000 and a price per square foot of $64. It also features a building square footage of 30,000, which equates to a price per building square foot of $128.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,850,000
  • Address: 401 Enterprise Street
  • Market: Ocoee
  • Seller: Thomas Ginther
  • Broker: Felipe Escobar - APEX Capital Realty
  • Total Square Footage: 60,000
  • Price per Square Foot: $64
  • Building Square Footage: 30,000
  • Price per Building Square Foot: $128

The key individuals involved in this deal include the seller, Thomas Ginther, and the broker, Felipe Escobar, who represents APEX Capital Realty in this transaction. Felipe Escobar played a crucial role in facilitating the sale, ensuring a smooth process between the seller and the buyer.

Players

Felipe Escobar

APEX Capital Realty

Broker

$52.9M

vol

16 deals

Broker

Ocoee Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.12%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93