Juan Nunez & Dennis Taveras Acquire Retail Property In DeLand, FL For $4.9M
923 S Woodland Blvd, De
$4,900,000
$350/SF
Building Size
14,000 SF
Asset Type
Retail
Closing
Sep 16, 2022
About this deal
AI
A retail property located at 923 S. Woodland Blvd. in DeLand, FL has been sold for $4,900,000. The property spans 14,000 square feet, resulting in a price per square foot of $350.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,900,000
- Address: 923 S. Woodland Blvd., DeLand, FL
- Market: DeLand, FL
- Buyer: Juan Nunez & Dennis Taveras
- Seller: Arthur J. Kepes
- Broker: Johnny Blue Craig - Matthews Real Estate Investment Services
Juan Nunez and Dennis Taveras are the buyers of the retail property. The seller is Arthur J. Kepes. The transaction was facilitated by Johnny Blue Craig of Matthews Real Estate Investment Services.
On the Map
$4,900,000
$350/SF
Retail
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Deland 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93