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
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