Asana Partners Acquires Office Building In Winter Park, Orlando For $27.75M
811 South Orlando Avenue, Winter Park, Florida 32789, United States
$27,750,000
$231/SF
Building Size
120,000 SF
Asset Type
Office
Closing
Aug 18, 2022
About this deal
AI
The property involved in this closed transaction is an office located at 803-811 South Orlando Ave in Winter Park, Orlando. The property spans a total of 120,000 square feet and was sold for a price of $27,750,000, resulting in a price per square foot of $231.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $27,750,000
- Address: 803-811 South Orlando Ave
- Market: Winter Park, Orlando
The buyer in this transaction is Asana Partners, while the seller is Tower Realty Partners Inc. The deal was facilitated by the broker CBRE.
Players
Winter Park 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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93