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324 South Orange Blossom Tr...

US Century Bank Provides $1.25M Refinance Loan For Orlando Retail Property
FINANCEDRetail

US Century Bank Provides $1.25M Refinance Loan For Orlando Retail Property

324 South Orange Blossom Trail, Orlando, Florida 32805, United States

$1,253,000

$101/SF

Building Size

12,350 SF

Asset Type

Retail

Closing

Apr 3, 2022

AI

A retail property located at 324 S Orange Blossom Trl in Orlando has recently undergone a refinancing transaction. The property spans across 12,350 square feet and is situated in the Orlando market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,253,000
  • Address: 324 S Orange Blossom Trl, Orlando
  • Market: Orlando
  • Asset Type: Retail
  • Size: 12,350 SF

The lender responsible for refinancing the property is US Century Bank. The deal was facilitated by Alec Feintuch from Leviathan Capital, serving as the broker for the transaction.

Players

Alec Feintuch

Leviathan Capital

Broker

$22.8M

vol

8 deals

Broker
Leviathan Capital
Leviathan CapitalBrokerage
US Century Bank
US Century BankLender

Orlando Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.66%

Cash-on-Cash

-3.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93