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
Deltona 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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93