Shaun Ashkenazy's Onyx Funding Provides $3.3M Acquisition Loan For Retail Property On W Colonial Drive, Orlando
6308 West Colonial Drive, Orlando, Florida 32818, United States
$3,337,500
$122/SF
Building Size
27,220 SF
Asset Type
Retail
Closing
Mar 10, 2022
AI
The retail property located at 6308 & 6332 W Colonial Drive in Orlando has been involved in a recent transaction. The property spans an area of 27,220 square feet. Shaun Ashkenazy, the representative from Onyx Funding, served as the broker for this deal.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,337,500
- Loan Type: Acquisition
Shaun Ashkenazy, from Onyx Funding, played a crucial role as the broker in this acquisition. Onyx Funding provided a loan amounting to $3,337,500 for the purchase of this retail property located at 6308 & 6332 W Colonial Drive in Orlando.
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
4.75%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93