Westgate Resorts Ltd. Sells Office Property In Orlando For $4.1M
6177 Lake Ellenor Drive, Orlando, Florida 32809, United States
$4,100,000
$106/SF
Building Size
38,356 SF
Asset Type
Office
Closing
Feb 24, 2022
AI
Dave Siegel has sold an office property located at 6177 Lake Ellenor Drive in Orlando. The property spans across 3.3 acres and features a total of 38,356 square feet. The transaction took place on February 25, 2022, with a sale price of $4,100,000. This equates to a price per square foot of $107.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,100,000
- Address: 6177 Lake Ellenor Drive, Orlando
- Market: Orlando
- Size: 3.3 acres
In this transaction, Dave Siegel, representing Westgate Resorts Ltd., acted as the seller. The sale of the office property demonstrates the current market value in Orlando. It highlights the potential for growth and investment opportunities in the area.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93