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3149 Landtree Place, Orland...

ZMR Capital Acquires Multifamily Property In Bryn Mawr, Orlando For $48M
SOLDMultiFamily

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

Scott Ramey

Newmark

Broker

$1.3B

vol

15 deals

Broker

Zamir Kazi

ZMR Capital

Buyer

$622.8M

vol

10 deals

Buyer

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