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1382 Howland Boulevard, Del...

Eliyahu Aloush's EGE Holdings Acquires Retail Property In Deltona For $6.15M
SOLDRetail

Eliyahu Aloush's EGE Holdings Acquires Retail Property In Deltona For $6.15M

1382 Howland Boulevard, Deltona, Florida 32738, United States

$6,150,000

$120/SF

Building Size

51,218 SF

Asset Type

Retail

Closing

Apr 25, 2022

AI

Located in Deltona, the retail property at 1382 Howland Blvd recently changed hands in a closed transaction. The property, spanning 51,218 square feet, was sold for a total price of $6,150,000, translating to an average price per square foot of $120. The transaction took place on April 26, 2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,150,000
  • Address: 1382 Howland Blvd
  • Market: Deltona

Eliyahu Aloush of EGE Holdings acquired the property from Scott Milgram of MMM Investments. The deal was facilitated by Miguel Pinto, Tatiana Escobar, and Paola Chapman, who represented both the buyer and the seller at APEX Capital Realty.

Players

Miguel Pinto

APEX Capital Realty

Broker

$330.5M

vol

50 deals

Broker

Eliyahu Aloush

EGE Holdings

Buyer

$25.1M

vol

6 deals

Buyer

Scott Milgram

Seller

$14.9M

vol

4 deals

Seller

Deltona Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.58%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93