Updated Dec 21, 2023
JLL Capital Markets Americas Brokers $68.9M Multifamily Sale In Oviedo
940 City Plaza Way, Oviedo, FL, USA
$68,950,000
Units
275
Asset Type
MultiFamily
Closing
Dec 2, 2021
About this deal
AI
The multifamily property located at 940 City Plaza Way in Oviedo has been sold for a total of $68,950,000. The property consists of 275 units, with an average price per unit of $250,727.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $68,950,000
- Units: 275
- Average Price Per Unit: $250,727
The sale of this multifamily property was facilitated by brokers Ken DelVillar and Jay Ballaard from JLL Capital Markets Americas.
The multifamily sale at 940 City Plaza Way, Oviedo, FL, USA in Oviedo, Florida sold for $69M in 2021. Reported inventory is 275 units across 275 units. Ken DelVillar, Jay Ballard, JLL appear on the sale alongside JLL. This page is the Oviedo, Florida file for the 940 City Plaza Way, Oviedo, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Oviedo sit in the Market section below. Filter that Oviedo multifamily set by closing date to see what else sold near 940 City Plaza Way, Oviedo, FL, USA around 2021. Published consideration for 940 City Plaza Way, Oviedo, FL, USA is $69M, dated 2021. Cite this JLL Capital Markets Americas Brokers $68.9M Multifamily Sale In Oviedo sale when underwriting similar multifamily product around Oviedo, Florida.
Oviedo 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
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93