facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

5442 Semoran Boulevard, Orl...

Avanti Way Capital Acquires Office Building In Orlando For $22M
SOLDOffice

Avanti Way Capital Acquires Office Building In Orlando For $22M

5442 Semoran Boulevard, Orlando, Florida 32822, United States

$22,000,000

$234/SF

Building Size

94,000 SF

Asset Type

Office

Closing

Mar 30, 2022

AI

An office building located at 5442 Semoran Blvd in Orlando has been sold in a transaction that took place on March 31, 2022. The property, spanning 94,000 square feet on a five-acre lot, was purchased for a total of $22,000,000.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $22,000,000
  • Address: 5442 Semoran Blvd
  • Market: Orlando

The buyers in this deal are Andres Korda, Enrique Teran, and Arturo Borges, represented by Avanti Way Capital. They were involved in the purchase of this office building.

Please note that no additional information is available regarding this transaction.

Players

Arturo Borges

Avanti Way Capital

Buyer

$44M

vol

2 deals

Buyer

Orlando Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.72%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93