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Patricia Sullivan Of Olde Town Brokers Represents Buyer In $3.9M Orlando Multifamily Sale

Property Image
SOLD
$3,900,000
Robert Kirkwood
Patricia Sullivan

Florida

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MultiFamily27,500 SF
Sold 02/23/2024
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Property Image
SOLD

Patricia Sullivan Of Olde Town Brokers Represents Buyer In $3.9M Orlando Multifamily Sale

2102 South Orange Blossom Trail

See Similar Deals
MultiFamily27,500 SF
Sold 02/23/2024
Robert Kirkwood
Patricia Sullivan
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$141
Total Square Footage:27,500 SF
Transaction Type:Sale

In Orlando, a multi-family property located at 2102 South Orange Blossom Trail was recently sold for $3.9 million. The property consists of 32 units spanning 27,500 square feet.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,900,000
  • Units: 32
  • Price per Unit: $121,875
  • Square Footage: 27,500
  • Price per Square Foot: $142
  • Address: 2102 South Orange Blossom Trail
  • Market: Orlando

Patricia Sullivan from Olde Town Brokers represented the buyer in the transaction, while Robert Kirkwood of MavRealty served as the seller's representative.

Players

Robert Kirkwood
MavRealty
Robert Kirkwood
1 deal$3.9M volume(321) 297-6489
BROKER
Patricia Sullivan
Olde Town Brokers
Patricia Sullivan
1 deal$3.9M volume(407) 719-6550
BROKER

Details

SOLD
IMAGE: Robert Kirkwood & Patricia Sullivan DATE: 02/23/2024 ADDRESS: 2102 South Orange Blossom Trail MARKET: Orlando ASSET TYPE: Multifamily ~ ACRES: 4.27 BUYER'S REP: Patricia Sullivan (@Patriciasellsflorida) - Olde Town Brokers (@OldeTownBrokers) SELLER'S REP: Robert Kirkwood - MavRealty (@MavRealty) SALE PRICE: $3,900,000 UNITS: 32 ~ PPU: $121,875 SF: 27,500 ~ PPSF: $142 NOTE: In Orlando, a multi-family property at 2102 South Orange Blossom Trail was sold for $3.9 million, comprising 32 units across 27,500 square feet. Patricia Sullivan of Olde Town Brokers represented the buyer, and Robert Kirkwood of MavRealty represented the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$208,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
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