Crow Holdings Acquires Retail Property In Casselberry, Oviedo For $10.5M
967 City Walk Lane, Oviedo, Florida 32765, United States
$10,500,000
$495/SF
Building Size
21,200 SF
Asset Type
Retail
Closing
Jan 26, 2022
About this deal
AI
The retail property located at 967 City Walk Ln & 441 E Mitchell Hammock in Casselberry, Oviedo has been sold for a price of $10,500,000. The property spans 21,200 square feet, resulting in a price per square foot of $495. The transaction occurred on January 27, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,500,000
- Address: 967 City Walk Ln & 441 E Mitchell Hammock, Casselberry, Oviedo
- Market: Casselberry, Oviedo
- Buyer: Crow Holdings
- Seller: Michael Collard
- Brokers: Ben Snyder & Rob Goldberg - Matthews Real Estate Investment Services
The transaction was facilitated by Ben Snyder and Rob Goldberg of Matthews Real Estate Investment Services, representing the buyer and seller respectively. Their expertise played a crucial role in successfully closing the deal.
On the Map
$10,500,000
$495/SF
Retail
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Players
Oviedo 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93