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Land On Narcoossee Road In Orlando Sold For $3.1M Through Lifestyle International Realty Brokers
SOLD
$3,100,000
Florida
See Similar DealsLand
Sold 01/09/2024
SOLD
Land On Narcoossee Road In Orlando Sold For $3.1M Through Lifestyle International Realty Brokers
Land
Sold 01/09/2024
Summary
Asset Type:Land
Transaction Type:Sale
A 3.86-acre land parcel located on Narcoossee Road in Orlando was sold for $3.1 million. The transaction was facilitated by brokers Joseph Luczaj and William Nilson from Lifestyle International Realty.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,100,000
- Acres: 3.86
- Address: Narcoossee Road, Orlando
- Market: Orlando
Joseph Luczaj and William Nilson, representing Lifestyle International Realty, played a pivotal role in the successful sale of the 3.86-acre land parcel on Narcoossee Road in Orlando for $3.1 million.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98
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