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
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.
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