SOLDMultiFamily
JLL Capital Markets Americas Brokers $68.9M Multifamily Sale In Oviedo
940 City Plaza Way, Oviedo, FL, USA
$68,950,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 2, 2021
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.
Oviedo 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
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93