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

Property Image
SOLD
$6,150,000
Tatiana Escobar
Miguel Pinto
+ 2

Florida

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Retail51,218 SF
Sold 04/26/2022
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Property Image
SOLD

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

1382 Howland Boulevard, Deltona, Florida 32738, United States

See Similar Deals
Retail51,218 SF
Sold 04/26/2022
Tatiana Escobar
Miguel Pinto
+ 2
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:51,218 SF
Transaction Type:Sale

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
50 deals$330.5M volume
BROKER

Tatiana Escobar
APEX Capital Realty
6 deals$17.5M volume
BROKER

Paola Chapman
LUXE Capital Advisors
5 deals$18.2M volume(786) 348-4088
BROKER


4 deals$14.9M volume
SELLER

4 deals$14.9M volume
SELLER

Details

SOLD
IMAGE: Paola Chapman, Miguel Pinto & Tatiana Escobar DATE: 04/26/2022 ADDRESS: 1382 Howland Blvd MARKET: Deltona ASSET TYPE: Retail BUYER: Eliyahu Aloush - EGE Holdings SELLER: Scott Milgram - MMM Investments BROKERS: Miguel Pinto, Tatiana Escobar (@Tatianaea) & Paola Chapman (@PaolaSellsMiami) - APEX Capital Realty (@ApexCapitalRealty) SALE PRICE: $6,150,000 SF: 51,218 ~ PPSF: $120

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$328,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,849.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,154.14
Annual Debt Service$349,849.65