Kevin Nguyen Purchases Retail Property At 71 Semoran Boulevard In Orlando For $3.425M
SOLD
Florida
See Similar DealsRetail23,405 SF
Sold 12/02/2024
SOLD
Kevin Nguyen Purchases Retail Property At 71 Semoran Boulevard In Orlando For $3.425M
71 Semoran Boulevard
See Similar DealsRetail23,405 SF
Sold 12/02/2024
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$146
Total Square Footage:23,405 SF
Transaction Type:Sale
The transaction involved a retail asset located at 71 Semoran Boulevard in the Orlando market. The sale price was $3,425,000 for a property encompassing 23,405 square feet, resulting in a price per square foot of $146.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,425,000
- Address: 71 Semoran Boulevard
- Market: Orlando
- Square Footage: 23,405
- Price per Square Foot: $146
- Buyer: Kevin Nguyen
- Seller: Steve Liebermensch
- Buyer's Representative: Zack McNamara - Franklin Street
- Seller's Representative: Jake Hayutin - Laconic Capital Advisors
This transaction highlights the roles of the key individuals involved, with Zack McNamara representing the buyer, Kevin Nguyen, and Jake Hayutin acting on behalf of the seller, Steve Liebermensch, marking their participation in this closed property deal.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$182,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,168.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,236.25
Annual Debt Service$194,834.97
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