Ross Realty Investments Inc. Acquires Retail Property In Mount Dora For $12.5M
16900 US Route 441, Mount Dora, Florida 32757, United States
$12,500,000
$164/SF
Building Size
76,172 SF
Asset Type
Retail
Closing
Jun 20, 2022
AI
A retail property located at 16900 US Highway 441 in Mount Dora has been sold for a transaction amount of $12,500,000. The property spans 76,172 square feet and has been sold by SunCap Opportunity Fund to Ross Realty Investments Inc. The sale price per square foot is $164.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,500,000
- Square Footage: 76,172
- Address: 16900 US Highway 441, Mount Dora
- Market: Mount Dora
JLL brokers Brad Peterson and Whitaker Leonhardt represented both parties in this transaction.
Players
Mount Dora 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93