CBRE Global Investors Acquires Multifamily Asset In Orlando For $79.9M
10387 Vista Oaks Court, Orlando, FL 32836, USA
$79,900,000
$1,095/SF
Building Size
72,942 SF
Asset Type
MultiFamily
Closing
Jul 12, 2020
AI
An Orlando multifamily property located at 10387 Vista Oaks Ct has been sold for a price of $79,900,000. The asset consists of 280 units, with a per unit price of $285,357. The sale was completed on July 12, 2021, and the transaction involved CBRE Global Investors as the buyer and Epoch Residential, represented by James H. Pugh Jr. and Justin Sand, as the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $79,900,000
- Units: 280
- Price per Unit: $285,357
CBRE Global Investors acquired the property from Epoch Residential, with James H. Pugh Jr. and Justin Sand representing the seller. The transaction marks an important deal in the Orlando market, solidifying CBRE Global Investor's presence in the multifamily sector.
Players
Orlando 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93