950 Casselberry

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950 S Winter Park Dr, Casselberry, FL 32707 The 950 s winter park property is a suburban office building well-appointed and well located with 42,098 rentable square feet in Casselberry, Florida. This is a well-maintained asset, with three floors, two elevators and suites ranging in size from 620 up to 2,383 square feet. We were able to acquire the property at $93.00 pre square foot, substantially below the market average of $125.00 and well below replacement cost of $200.00 per square feet. In the re-positioning plan, we upgraded many of the functionally deficient spaces and improved the look and feel of the common area, restroom and had upgrading the building exterior and landscaping. With our comprehensive property management and aggressive leasing, the property is now 100% occupied. * SQUARE FEET: 42,098 * ACQUISITION DATE: April 2019 * ACQUISITION PRICE: $3,900,000 * RENOVATION COSTS: $300,000 * CURRENT OCCUPANCY: 100%

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