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2295 South Hiawassee Road, ...

Unicorp National Developments Sells Retail Property In Orlando For $3.2M
SOLDRetail

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

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.

Players

John Krzyminski

Green Towers Realty

Broker

$155.7M

vol

12 deals

Broker
Unicorp National Developments
Unicorp National DevelopmentsSeller

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