Victor Olapido Sells 1.1-Acre Land In Orlando For $1.1M With Brokers Jeavanna Lanza & KeAusha Jordan - Mainframe Real Estate
SOLD
National
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Sold 08/08/2022
Summary
Asset Type:Land
Transaction Type:Sale
Victor Olapido has sold a 1.1-acre land property in Orlando. The transaction took place on 08/08/2022, and the property was listed for sale on an Instagram post by @miamiheat, which featured an image of the land.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,100,000
- Market: Orlando
- Image: Victor Olapido
- Date: 08/08/2022
- Asset Type: Land
- Acres: 1.1
- Seller: Victor Olapido - @miamiheat
- Brokers: Jeavanna Lanza & KeAusha Jordan - Mainframe Real Estate
The deal was facilitated by brokers Jeavanna Lanza and KeAusha Jordan from Mainframe Real Estate. They represented Victor Olapido in the transaction.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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