Tivoli Cove Capital Acquires Retail Property In Oviedo For $28M
1115 Vidina Place, Oviedo, Florida 32765, United States
$28,000,000
$150/SF
Building Size
186,212 SF
Asset Type
Retail
Closing
Jul 31, 2022
AI
The property involved in this transaction is a retail asset located at 1115 Vidina Place in Oviedo. It spans across 29 acres and was sold on 08/01/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $28,000,000
- Address: 1115 Vidina Place, Oviedo
- Market: Oviedo
- Acres: 29
Tamer Iskander from Tivoli Cove Capital represented the buyer in this transaction, while Brad Peterson & Whitaker Leonhardt from JLL represented the seller.
The property spans a total of 186,212 square feet, resulting in a price per square foot of $150.
Players
Oviedo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93