ZMR Capital Acquires Multifamily Property In Bryn Mawr, Orlando For $48M
3149 Landtree Place, Orlando, FL 32812
$48,000,000
$253/SF
Building Size
189,257 SF
Asset Type
MultiFamily
Closing
Dec 16, 2021
AI
The multifamily property located at 3149 Landtree PL in Bryn Mawr, Orlando has been sold for a total price of $48,000,000. The property consists of 220 units, with an average price per unit of $218,182. The total square footage of the property is 189,257, with a price per square foot of $254.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $48,000,000
- Address: 3149 Landtree PL, Bryn Mawr, Orlando
- Market: Bryn Mawr, Orlando
- Buyer: ZMR Capital - Zamir Kazi
- Brokers: Scott Ramey - Newmark
ZMR Capital, represented by Zamir Kazi, acquired the property. The deal was facilitated by Scott Ramey from Newmark. These key individuals and companies played a crucial role in the successful transaction.
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
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93