Hanley Investment Group Acquires Retail Property In Winter Park For $4.06M
6750 Aloma Avenue, Winter Park, FL 32792, USA
$4,060,000
$1,353/SF
Building Size
3,000 SF
Asset Type
Retail
Closing
Jul 23, 2020
About this deal
AI
6750 Aloma Avenue in Winter Park has been sold for $4,060,000 in a recent transaction. The property is a retail asset with a total square footage of 3,000. The sale price per square foot is $1,353, and the capitalization rate is 6.65%.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,060,000
- Address: 6750 Aloma Avenue
- Market: Winter Park
- Square Footage: 3,000
- Price per Square Foot: $1,353
- Capitalization Rate: 6.65%
Jeff Lefko of Hanley Investment Group represented the buyer in this transaction, while Austin Blodgett of RealSource Group acted as the seller's representative.
On the Map
$4,060,000
$1,353/SF
Retail
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Players
Winter Park 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
3.91%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93