Unicorp National Developments Sells Retail Property In Orlando For $3.2M
2295 South Hiawassee Road, Orlando, FL, USA
$3,200,000
$2,935/SF
Building Size
1,090 SF
Asset Type
Retail
Closing
Apr 16, 2020
About this deal
AI
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.
On the Map
$3,200,000
$2,935/SF
Retail
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Players
Orlando 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93