Kenneth Golen Acquires Retail Property In Oviedo For $2.7M
90 W Mitchell Hammock Rd Oviedo, FL 32765, USA
$2,715,789
$952/SF
Building Size
2,850 SF
Asset Type
Retail
Closing
Jul 14, 2023
AI
The retail property located at 90 W Mitchell Hammock Road in Oviedo has been sold for a price of $2,715,789. The property spans 2,850 square feet, resulting in a price per square foot of $953. The transaction took place on July 14, 2023.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,715,789
- Size: 2,850 square feet
- Price per Square Foot: $953
- Address: 90 W Mitchell Hammock Road
- Market: Oviedo
Kenneth Golen acquired the retail property from Thomas Hider. Harry Chaskalson from N.E.G. Property Services Inc represented Kenneth Golen as the buyer's representative, while Jonathan De La Rosa and Matthew Albregts from Marcus & Millichap acted as the seller's representatives.
Players
Miami 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
5.84%
Cash-on-Cash
-1.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93