Updated Oct 29, 2024
Capital Square 1031 Acquires Multifamily Property In Port Orange From All Aboard Properties For $36M
1000 Chamberlin Blvd, Port Orange, FL 32127, USA
$36,000,000
$4,055/SF
Building Size
8,876 SF
Asset Type
MultiFamily
Closing
Oct 5, 2020
About this deal
AI
The multifamily property located at 1000 Chamberlin Blvd. in Port Orange has been sold for a total price of $36,000,000. The property spans across 77 acres, with a price per acre of $467,532.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $36,000,000
- Buyer: Capital Square 1031 – Louis J. Rogers
- Seller: All Aboard Properties
- Market: Port Orange
Capital Square 1031, represented by Louis J. Rogers, acquired the property from All Aboard Properties. This transaction marks another significant deal in the multifamily market in Port Orange.
On the Map
$36,000,000
$4,055/SF
MultiFamily
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Port Orange 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
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93