UNIQUE COMMERCIAL INVESTMENT OPPORTUNITY WITH CAP RATE BETWEEN 7. 2% - 10. 3% SINCE ESTABLISHED! A one of a kind gas station, Leased Restaurant space, AND oversized convenience store operating at a high net income with 3, 300 square feet of rented restaurant space in addition to 4, 500 sq foot convenience store on high-traffic 1. 5 +/- acre corner lot on Semoran Blvd located less than 2 miles north of Orlando International Airport. The property is surrounded by establishments such as hotels, restaurants, tourist destinations, lee Vista promenade, office parks, and shopping centers. This Area is densely populated, and the property sees approximately 55, 000 vehicles passing daily on Semoran blvd alone. Tenant currently occupies the restaurant space and a lease is in place until July 2023. This unique high-net income investment has been upgraded in the last 3 years with new pumps, paving, and upgraded HVAC. Financial data upon request.
Disclaimer: Buyer and buyer's agent to verify all square footage, zoning restrictions, and leasing information.
Financial information available upon request. See attachments for CA.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,775,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $10,220,000 | $10,220,000 | $10,220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.898% | 6.915% |
Monthly Tax Payment | $4,844 | $4,844 | $4,844 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $68,854 | $67,138 | $90,438 |
Total Monthly Payment | $73,823 | $72,107 | $95,407 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.