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
About this deal
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.
On the Map
$1,253,000
$101/SF
Retail
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Players
Orlando 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
12.66%
Cash-on-Cash
-3.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93