LGTOC I Sells Package Deal In Orange City For $7.1M - Eva Garzon Represents Seller
2565 Enterprise Road, Orange City, FL, USA
$7,075,000
$503/SF
Building Size
14,060 SF
Asset Type
Other
Closing
Mar 17, 2021
About this deal
AI
Eva Garzon of Eva Garzon Realty represented the seller, LGTOC I, in a package deal transaction in Orange City. The property, located at 2565 Enterprise Road, was sold for a total price of $7,075,000. The asset spans 14,060 square feet, resulting in a price per square foot of $503.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $7,075,000
- Address: 2565 Enterprise Road, Orange City
- Square Footage: 14,060
- Price per Square Foot: $503
- Seller: LGTOC I
- Broker: Eva Garzon - Eva Garzon Realty
Eva Garzon, the representative of LGTOC I, played a crucial role in facilitating the successful sale of this property in Orange City. The package deal transaction served as a significant opportunity, allowing the buyer to acquire a notable asset at a price that reflected the market value.
Players
Orange City Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.24%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93