Taurus Investment Holdings Acquires Office Asset In Altamonte Springs For $28.5M
528 Northlake Blvd
$28,500,000
$104/SF
Building Size
271,998 SF
Asset Type
Office
Closing
Aug 31, 2020
About this deal
AI
The property asset involved in this transaction is an office located at 528 Northlake Blvd in the Altamonte Springs market. It was sold for $28,500,000.00 and consists of 271,998 square feet of space.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $28,500,000.00
- Address: 528 Northlake Blvd
- Market: Altamonte Springs
- Square Footage: 271,998.0
- Buyer: Taurus Investment Holdings
- Seller: Real Capital Solutions
- Brokers: Tyler Kuhlman
This transaction was facilitated by broker Tyler Kuhlman, representing both the buyer, Taurus Investment Holdings, and the seller, Real Capital Solutions, in this commercial real estate deal.
On the Map
$28,500,000
$104/SF
Office
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Altamonte Springs Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93