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90 W Mitchell Hammock Rd Ov...

Kenneth Golen Acquires Retail Property In Oviedo For $2.7M
SOLDRetail

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

Jonathan De La Rosa

Marcus & Millichap

Broker

$662.3M

vol

146 deals

Broker

Kenneth Golen

Buyer

$9.6M

vol

3 deals

Buyer

Miami 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

5.84%

Cash-on-Cash

-1.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93