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1475 Silver Star Road, Ocoe...

Innovation Montessori Inc. Acquires School In Ocoee For $5M With Colliers As Brokers
SOLDOther

Innovation Montessori Inc. Acquires School In Ocoee For $5M With Colliers As Brokers

1475 Silver Star Road, Ocoee, Florida 34761, United States

$5,000,000

$158/SF

Building Size

31,590 SF

Asset Type

Other

Closing

Jun 6, 2022

AI

Located at 1475 E Silver Star Road in Ocoee, this 4.32-acre school property has been sold in a recent transaction. The property, which spans 31,590 square feet, was acquired by Innovation Montessori Inc. from GreenAccess LLC for a sale price of $5,000,000. With a price per square foot of $158, this transaction represents a significant investment in the Ocoee market.

Summary of transaction details:

  • Property Type: School
  • Transaction Amount: $5,000,000
  • Square Footage: 31,590
  • Address: 1475 E Silver Star Road
  • Market: Ocoee

The deal was facilitated by Todd Noel and Mindy Korth from Colliers. As the representatives of the buyer and the seller respectively, they played key roles in bringing this transaction to fruition. Their expertise and negotiation skills ensured a successful outcome for all parties involved.

Players

II
Innovation Montessori Inc.Buyer

Ocoee Other Market Snapshot

Boundary boundary · Other · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93