facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

4630 Old Pleasant Hill Road...

Caspassfl Acquires Retail Property In Orlando Market For $5.4M
SOLDRetail

Caspassfl Acquires Retail Property In Orlando Market For $5.4M

4630 Old Pleasant Hill Road, Kissimmee, Florida 34759, United States

$5,359,400

$425/SF

Building Size

12,600 SF

Asset Type

Retail

Closing

Oct 14, 2021

AI

A retail property located at 4630 Old Pleasant Hill Rd in the Orlando Market has been sold in a recent transaction. The property spans 12,600 square feet and was sold for a price of $5,359,400, resulting in a price per square foot of $425. The transaction took place between the buyer Caspassfl and the seller Megar Group - Poinciana.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,359,400
  • Address: 4630 Old Pleasant Hill Rd
  • Market: Orlando Market
  • Square Footage: 12,600

The deal was facilitated by Anthony Bernabe from Equity, representing the buyer Caspassfl. The seller, Megar Group - Poinciana, was not represented by a broker in the transaction.

Players

Anthony Bernabe

Equity

Broker

$21.5M

vol

3 deals

Broker
Equity Commercial Real Estate Solutions
Equity Commercial Real Estate SolutionsBrokerage

Kissimmee Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.96%

Cash-on-Cash

-0.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93