Updated Dec 12, 2024
American Landmark Acquires 624-unit Multifamily Property In Casselberry & Clearwater For $100.5M
100 Reflections Cir, Casselberry, FL, USA
$100,500,000
$7,277/SF
Building Size
13,810 SF
Asset Type
MultiFamily
Closing
Oct 20, 2020
About this deal
AI
The multifamily property located at 100 Reflections Cir & 13621 Feather Sound Cir E. in Casselberry & Clearwater has been sold for a total of $100,500,000. The property comprises 624 units, with a price per unit of $161,058.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $100,500,000
- Address: 100 Reflections Cir & 13621 Feather Sound Cir E., Casselberry & Clearwater
- Market: Casselberry & Clearwater
- Buyer: American Landmark
- Seller: RADCO Companies - Norman Radow
- Price per Unit: $161,058
- Units: 624
The buyer in this transaction is American Landmark, while the seller is RADCO Companies represented by Norman Radow.
On the Map
$100,500,000
$7,277/SF
MultiFamily
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Casselberry MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93