Updated Oct 29, 2024
Venterra Realty Acquires Multifamily Property In Orlando For $98M
4000 Headwaters Way, Orlando, Florida 32837, United States
$98,000,000
Units
328
Asset Type
MultiFamily
Closing
Feb 12, 2022
About this deal
AI
Venterra Realty has acquired a multifamily property located at 4000 Headwaters Way in Orlando. The property consists of 328 units and was sold by Waypoint Residential for a total of $98,000,000, resulting in a price per unit of $298,780. The transaction took place on 12/02/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $98,000,000
- Units: 328
- Price Per Unit: $298,780
The deal was facilitated by the brokers Scott Ramey, Brad Downing, Patrick Dufour, Paul Grant, and Ryan Moody from Newmark Group, Inc. They represented both the buyer, Venterra Realty, and the seller, Waypoint Residential. Additionally, the mortgage brokers involved in the transaction were Matt Williams, Kyle Schlitt, Rob Wright, and James Maynard, also from Newmark Group, Inc.
On the Map
$98,000,000
MultiFamily
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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
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93