Cherna Moskowitz Acquires Retail Property In Orlando For $9.01M
3511 Rio Vista Avenue, Orlando, Florida 32805, United States
$9,014,805
$1,057/SF
Building Size
8,524 SF
Asset Type
Retail
Closing
Apr 10, 2022
AI
A retail property located at 3511 Rio Vista Avenue in Orlando has been sold in a recent transaction. The property spans a total area of 8,524 square feet and was sold for a price of $9,014,805, resulting in a price per square foot of $1,058. The sale was completed on April 11, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,014,805
- Address: 3511 Rio Vista Avenue, Orlando
- Market: Orlando
The buyer of the property is Cherna Moskowitz, while Avid Realty Partners acted as the seller. The deal was facilitated by brokers Matt Berres, Jordan Alleva, Samer Khalil, and Karick Brown of Newmark.
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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93