facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

733 Main Lane, Orlando, Flo...

Knightvest Capital Acquires Multifamily Property In Orlando For $105.3M
SOLDMultiFamily

Knightvest Capital Acquires Multifamily Property In Orlando For $105.3M

733 Main Lane, Orlando, Florida 32801, United States

$105,300,000

Building Size

Asset Type

MultiFamily

Closing

Jun 6, 2022

AI

Knightvest Capital, represented by Jason Dallas, has acquired a multifamily property located at 733 Main Lane in Orlando. The property, sold by Crescent Communities, was brokered by Scott Ramey from Newmark. The transaction took place on June 7, 2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $105,300,000
  • Units: 375
  • Price Per Unit: $280,800

The acquisition by Knightvest Capital, led by Jason Dallas, signifies their strategic expansion in the Orlando market. This purchase adds 375 multifamily units to their portfolio and further solidifies their presence in the real estate market. Scott Ramey from Newmark played a crucial role in facilitating the transaction between Knightvest Capital and Crescent Communities.

Players

Scott Ramey

Newmark

Broker

$1.3B

vol

15 deals

Broker
Knightvest Capital
Knightvest CapitalBuyer

Orlando MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.15%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93