Real Capital Solutions Sells Mixed-Use Property In Longwood For $15.25M
SOLD
$15,250,000
Florida
See Similar DealsMixed-use132 SF
Sold 10/14/2022
SOLD
Real Capital Solutions Sells Mixed-Use Property In Longwood For $15.25M
705 West State Road 434
See Similar DealsMixed-use132 SF
Sold 10/14/2022
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$115,530
Total Square Footage:132 SF
Transaction Type:Sale
The property involved in the transaction is a mixed-use asset located at 705-765 W. State Rd 434 in Longwood. It spans across 12 acres, offering a total area of 132,050 square feet. The property was sold on 10/14/2022 for a price of $15,250,000, resulting in a price per square foot of $115.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $15,250,000
- Square Footage: 132,050 sqft
- Address: 705-765 W. State Rd 434
- Market: Longwood
- Seller: Real Capital Solutions, LLC
- Broker: Kenneth Hobson - Marcus & Millichap
The seller of the property was Real Capital Solutions, LLC. The transaction was facilitated by Kenneth Hobson from Marcus & Millichap representing the buyer.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$813,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$54,180.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$72,292.78
Annual Debt Service$867,513.36
Is there something missing? Send suggestions