JDCAP Secures Loan For MultiFamily Property In Orlando, FL
7488 Universal BLVD, Orlando, FL, 32...
Building Size
—
Asset Type
MultiFamily
Closing
Oct 26, 2022
AI
The property located at 7488 Universal BLVD in Orlando, FL, is a MultiFamily asset involved in a recent loan transaction. The undisclosed institutional lender provided financing for this property.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not disclosed
- Address: 7488 Universal BLVD, Orlando, FL
- Market: Orlando
The borrower in this deal was JDCAP, represented by Kyle Schlitt, Matt Williams, and Robert (Rob) Wright from Newmark. The undisclosed institutional lender facilitated the loan for this transaction.
Players
Orlando MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93