facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Mixed Use

/

Loan

/

110 East Pine Street

Black Bear Capital Partners ("BBCP") has secured a loan of $1,070,000 for a 6,400 square foot mixed-use property in Lakeland, thanks to Tony Morales.
FINANCEDMixed-use

Black Bear Capital Partners ("BBCP") has secured a loan of $1,070,000 for a 6,400 square foot mixed-use property in Lakeland, thanks to Tony Morales.

110 East Pine Street

$1,070,000

$167/SF

Building Size

6,400 SF

Asset Type

Mixed-use

Closing

Jul 16, 2025

AI

The asset involved in this transaction is a mixed-use building located at 110 East Pine Street in Lakeland, featuring a total square footage of 6,400. The acquisition financing is set at a loan amount of $1,070,000 with a 5-year fixed rate loan and a 30-year amortization schedule.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,070,000
  • Loan Type: Acquisition
  • Loan Terms: 5-year fixed rate loan, 30-year amortization
  • Landlord: Tony Morales
  • Broker: Eric Trombly - Black Bear Capital Partners
  • Date: 07/17/2025

Key individuals involved in the transaction include Tony Morales representing the landlord and Eric Trombly serving as the broker from Black Bear Capital Partners, facilitating the acquisition of the property.

Players

Eric Trombly

Black Bear Capital Partners

Broker

$617.2M

vol

27 deals

Broker
Black Bear Capital Partners
Black Bear Capital PartnersBrokerage
Tony Morales

Tony Morales

Landlord

$1.1M

vol

6 deals

Landlord

Lakeland Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.83%

Cash-on-Cash

-4.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93