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Kenneth Golen Acquires Retail Property In Oviedo For $2.7M

Property Image
SOLD
$2,715,789
Jonathan De La Rosa
Harry Chaskalson
+ 1

Florida

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Retail2,850 SF
Sold 07/14/2023
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Property Image
SOLD

Kenneth Golen Acquires Retail Property In Oviedo For $2.7M

90 W Mitchell Hammock Rd Oviedo, FL 32765, USA

See Similar Deals
Retail2,850 SF
Sold 07/14/2023
Jonathan De La Rosa
Harry Chaskalson
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$952
Total Square Footage:2,850 SF
Transaction Type:Sale

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
141 deals$628.7M volume(786) 522-7027
BROKER

Matthew Albregts
Marcus & Millichap
25 deals$99.6M volume(305) 793-2826
BROKER

Harry Chaskalson
N.E.G. Property Services
1 deal$2.7M volume(954) 270-6012
BROKER

Details

SOLD
IMAGE: Matthew Albregts & Jonathan De La Rosa DATE: 07/14/2023 ADDRESS: 90 W Mitchell Hammock Road MARKET: Oviedo ASSET TYPE: Retail BUYER: Kenneth Golen SELLER: Thomas Hider BUYER'S REP: Harry Chaskalson - N.E.G. Property Services Inc SELLER'S REP: Jonathan De La Rosa (@J_dlr_) & Matthew Albregts (@Matt_albregts) - Marcus & Millichap, SALE PRICE: $2,715,789 SF: 2,850 ~ PPSF: $953

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$144,842.10

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,648.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,874.23
Annual Debt Service$154,490.70