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1223 E Plant St, Winter Gar...

Conti Capital Acquires Wood Partners Multifamily In Winter Garden For $107M
SOLDMultiFamily

Conti Capital Acquires Wood Partners Multifamily In Winter Garden For $107M

1223 E Plant St, Winter Garden, Florida 34787, United States

$107,000,000

Building Size

Asset Type

MultiFamily

Closing

May 4, 2022

AI

The multifamily property located at 1223 East Plant St in Winter Garden has been sold for a total of $107,000,000. The transaction was completed on 05/05/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $107,000,000
  • Address: 1223 East Plant St
  • Market: Winter Garden

The buyer, Conti Capital represented by Carlos Vaz & Chris Halpin, acquired the property from the seller, Wood Partners. The sale of the property was facilitated by the broker Berkadia. The multifamily property consists of 250 units, with an average price per unit of $428,000.

Players

Carlos Vaz

Conti Capital

Buyer

$300M

vol

3 deals

Buyer
CC
Conti CapitalBuyer

Winter Garden 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

0.15%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93