Stablewood Properties Acquires Retail Property In Winter Garden From Goldenberg Family
4200 Winter Garden Vineland Road, Winter Garden, FL, USA
$4,875,000
$1,016/SF
Building Size
4,794 SF
Asset Type
Retail
Closing
Dec 29, 2020
AI
The retail property located at 4200 Winter Garden Vineland Road in Winter Garden has been sold. The transaction took place on December 30, 2020, with Stablewood Properties as the buyer and the Goldenberg Family as the seller. The property spans 4,794 square feet and was sold for a price of $4,875,000, resulting in a price per square foot of $1,017. The capitalization rate for this sale stands at 5.17%.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,875,000
- Buyer: Stablewood Properties
- Seller: Goldenberg Family
- Brokers: Alejandro Snyder, Michael B. Williams, & Adam Tiktin
The deal was facilitated by Alejandro Snyder, Michael B. Williams, and Adam Tiktin, who represented the buyer and seller. They played a crucial role in finalizing the transaction between Stablewood Properties and the Goldenberg Family. This sale represents an important milestone in the Winter Garden retail market.
Players
Winter Garden 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
3.25%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93