City Center SC Sells Mixed-Use Property In Oviedo, Orlando For $6M
1079 Alafaya Trail, Oviedo, FL, USA
$6,000,000
$666/SF
Building Size
9,000 SF
Asset Type
Mixed-use
Closing
Jan 21, 2021
About this deal
AI
The mixed-use property located at 1079 Alafaya Trail in Oviedo, Orlando has been sold. The transaction took place on January 22, 2021. The property was sold by City Center SC for a sale price of $6,000,000, with an asking price of $6,400,000. The property spans approximately 9,000 square feet, resulting in a price per square foot of $667.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $6,000,000
- Market: Oviedo, Orlando
Eva Garzon represented City Center SC in the transaction, along with Gus Bowen. They served as the brokers for the deal.
Players
Oviedo Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93