SANFORD, FL -- NAI Realvest recently negotiated a $1,000,000 purchase of the former Hops Restaurant on S.R. 46 near the Seminole Town Center mall in Sanford.
Matt Cichocki (top right photo) and Kevin O’Connor (lower left photo), principals at NAI Realvest based in Maitland, negotiated the transaction representing the buyer Fort Worth, Texas based Halmony, LLC who plans to convert the 5,422 square foot building on its 1.26 acre site for use as an IHOP restaurant.
O’Connor said the seller of the 14-year-old facility, ACI Income Fund II, LTD of Orlando, was represented in the transaction by Annette Gangale of Rife-Miller, Inc.
Renovations are expected to be completed for an opening of the new IHOP in September. The number of seats to accommodate patrons has not yet been determined.
For more information, contact:
Matt Cichocki, Principal NAI Realvest, 407-875-9989, mcichocki@realvest.com
Kevin O’Connor, Principal NAI Realvest, 407-875-9989, koconnor@realvest.com
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com
Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142
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