Updated Oct 28, 2024
American Realty Advisors Acquires Multifamily Property In Orlando For $101.3M
12570 Splendid Place
$101,300,000
Units
266
Asset Type
MultiFamily
Closing
Jun 28, 2022
About this deal
AI
The multifamily property located at 12570 Splendid Place in Orlando has been sold for a total of $101,300,000. The transaction took place on June 28, 2022, and involved 266 units. The price per unit was approximately $380,827.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $101,300,000
- Address: 12570 Splendid Place
- Market: Orlando
American Realty Advisors purchased the property from ContraWest. The deal was facilitated by brokers Chris Chadbourne and Brian Moulder from Walker & Dunlop.
The multifamily sale at 12570 Splendid Place in Orlando, Florida sold for $101.3M in 2022. Reported inventory is 266 units across 266 units. Chris Chadbourne, Brian Moulder, Walker & Dunlop appear on the sale alongside Walker & Dunlop. This page is the Orlando, Florida file for the 12570 Splendid Place multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Orlando sit in the Market section below. Filter that Orlando multifamily set by closing date to see what else sold near 12570 Splendid Place around 2022. Published consideration for 12570 Splendid Place is $101.3M, dated 2022. Cite this American Realty Advisors Acquires Multifamily Property In Orlando For $101.3M sale when underwriting similar multifamily product around Orlando, Florida.
Players
Orlando MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Chris Chadbourne to view all their deals.
Browse Orlando multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93