Unicorp National Developments Sells Retail Property In Orlando For $3.2M
SOLD
$3,200,000
+ 2
Florida
See Similar DealsRetail1,090 SF
Sold 04/17/2020
SOLD
Unicorp National Developments Sells Retail Property In Orlando For $3.2M
2295 South Hiawassee Road, Orlando, FL, USA
See Similar DealsRetail1,090 SF
Sold 04/17/2020
+ 2
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$2,935
Total Square Footage:1,090 SF
Transaction Type:Sale
Unicorp National Developments Inc., a real estate development company, has recently sold a retail property located at 2295 S. Hiawassee Road in Orlando. The property, spanning across 17,603 square feet, was sold for a price of $3,200,000, resulting in a price per square foot of $181.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,200,000
- Address: 2295 S. Hiawassee Road, Orlando
- Market: Orlando
The seller in this transaction was Unicorp National Developments Inc., while the buyer was represented by John & Max Krzyminski from JLL. On the other hand, Kevin Yaryan, Kyle Stonis, and Pierce Mayson from SRS Investment Properties Group acted as the seller's representatives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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