The GSH Group Acquires Multifamily Property In Altamonte Springs For $62.8M
SOLD
$62,800,000
Florida
See Similar DealsMultiFamily1,858 SF
Sold 06/29/2020
SOLD
The GSH Group Acquires Multifamily Property In Altamonte Springs For $62.8M
895 Wymore Road, Altamonte Springs, FL 32714
See Similar DealsMultiFamily1,858 SF
Sold 06/29/2020
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$33,799
Total Square Footage:1,858 SF
Transaction Type:Sale
The multifamily property located at 895 Wymore Rd in Altamonte Springs has been sold for a total price of $62,800,000. The transaction took place on June 29, 2021. The property consists of 320 units, with a price per unit of $196,250. The buyer in this deal is The GSH Group, represented by Gideon Pfeffer. On the other hand, Aspen Square Management served as the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $62,800,000
- Units: 320
- Price per Unit: $196,250
- Buyer: The GSH Group - Gideon Pfeffer
- Seller: Aspen Square Management
Gideon Pfeffer, from The GSH Group, played a significant role as the buyer's representative in this multifamily sale. The successful transaction highlights the active real estate market in Altamonte Springs.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,349,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$223,115.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$297,704.04
Annual Debt Service$3,572,448.47
Is there something missing? Send suggestions