Trez Capital Provides $11.4M Loan For Retail Property In Apopka
2271 E. Semoran Boulevard, Apopka, Florida 32703, United States
$11,400,000
$48/SF
Building Size
235,390 SF
Asset Type
Retail
Closing
May 9, 2022
AI
The property involved in this closed transaction is a retail asset located at 2271 E. Semoran Blvd in Apopka. The property spans across 235,390 square feet and is owned by Woolbright Development.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,400,000
- Market: Apopka
The loan for this transaction was provided by Trez Capital, with Scott Mehlman and Brett Forman representing the lender. The loan amount for this transaction was $11,400,000.
NOTE: No additional information is available regarding the individuals or companies involved in this transaction.
Players
Apopka Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93