Federal Capital Partners Acquires Property At 803 Don Quixote Ave Orlando For $23.6M With Seller's Rep Felipe Echarte
SOLD
$23,600,000
Florida
See Similar DealsMultiFamily
SOLD
Federal Capital Partners Acquires Property At 803 Don Quixote Ave Orlando For $23.6M With Seller's Rep Felipe Echarte
803 Don Quixote Ave, Orlando, FL, 32...
See Similar DealsMultiFamily
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale
The property located at 803 Don Quixote Ave, Orlando, FL, was involved in a closed transaction with a sale price of $23,600,000.00. This transaction took place in the Orlando market and encompasses a total square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $23,600,000.00
- Market: Orlando
- Seller's Representative: Felipe Echarte-Marcus & Millichap
- Buyer: Federal Capital Partners
- Seller: Not specified
Felipe Echarte, representing Marcus & Millichap, played a key role in facilitating the sale, while Federal Capital Partners acted as the buyer in this transaction. The seller's details have not been disclosed.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,258,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$83,845.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$111,876.04
Annual Debt Service$1,342,512.48
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