facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

3435 S Orange Ave, Orlando,...

Updated Oct 29, 2024

Peacock Capital & Pier Rock Properties Acquire Orlando Multifamily For $29.2M
SOLDMultiFamily

Peacock Capital & Pier Rock Properties Acquire Orlando Multifamily For $29.2M

3435 S Orange Ave, Orlando, FL, USA

$29,200,000

$55,094/SF

Building Size

530 SF

Asset Type

MultiFamily

Closing

Mar 24, 2021

About this deal

AI

In a recent closed transaction in Orlando, a multifamily property located at 3435 S Orange Ave was sold for a staggering price of $29,200,000. The property consists of 258 units and was acquired by Peacock Capital and Pier Rock Properties from Covenant Capital Group. The deal was facilitated by the brokerage firm Berkadia.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $29,200,000
  • Address: 3435 S Orange Ave
  • Market: Orlando

Govan D. White, Kenneth Polsinelli, and Frederic A. Scarola represented the property as the sellers in this transaction. It is noteworthy that the price per unit (PPU) for this sale stands at an impressive $113,178.

On the Map

Open live map

$29,200,000

$55,094/SF

MultiFamily

View full map

Players

PC
Peacock CapitalBuyer
CG
Covenant Capital GroupSeller
Bilt advertisement

Orlando MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $55.1K per square foot on a published $29.2M for 530 square feet (2021).

Browse Florida multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.54%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets