US Century Bank Provides $1.25M Refinance Loan For Orlando Retail Property
FINANCED
$1,253,000
Florida
See Similar DealsRetail12,350 SF
Financed 04/04/2022
FINANCED
US Century Bank Provides $1.25M Refinance Loan For Orlando Retail Property
324 South Orange Blossom Trail, Orlando, Florida 32805, United States
See Similar DealsRetail12,350 SF
Financed 04/04/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$101
Total Square Footage:12,350 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,253,000.00
Monthly NOI$8,353.33
Monthly Debt Service$7,919.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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