SOLDLand
BTI Partners And Westport Capital Partners Acquire 538 Acres Of Land In South Lake Toho For $28M
South Lake Toho
$28,000,000
Building Size
—
Asset Type
Land
Closing
Jun 12, 2022
About this deal
AI
The sale of a land property in South Lake Toho has been finalized. The property spans across 538 acres, making it a substantial asset in the area.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $28,000,000
- Market: South Lake Toho
- Buyer: BTI Partners - Noah Breakstone; Westport Capital Partners
- Brokers: Clay Taylor & David Hitchcock - SVN | Saunders Ralston Dantzler
Noah Breakstone, representing BTI Partners, and Westport Capital Partners were the buyers in this transaction. Clay Taylor and David Hitchcock, from SVN | Saunders Ralston Dantzler, acted as the brokers in the deal.
Players
Kissimmee Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93