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.
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