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
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