Ben Crosby Acquires 66-acre Land In Fruitland Park, FL For $6.85M
0 Timbertop Ln, Fruitland Park, FL 34731
$6,850,000
Building Size
—
Asset Type
—
Closing
Sep 26, 2022
About this deal
AI
A 66-acre land located at 0 Timbertop Ln in Fruitland Park, FL has been sold for $6,850,000. The sale was facilitated by Ben Crosby from Crosby & Associates, Inc.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $6,850,000
- Date: 09/27/2022
- Market: Fruitland Park, FL
- Asset Type: Land
- Acres: 66
Ben Crosby from Crosby & Associates, Inc. played a crucial role as the broker in this transaction.
The commercial sale at 0 Timbertop Ln, Fruitland Park, FL 34731 in Miami, Florida sold for $6.9M in 2022. This page is the Miami, Florida file for the 0 Timbertop Ln, Fruitland Park, FL 34731 commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami sit in the Market section below. Filter that Miami commercial set by closing date to see what else sold near 0 Timbertop Ln, Fruitland Park, FL 34731 around 2022. Published consideration for 0 Timbertop Ln, Fruitland Park, FL 34731 is $6.9M, dated 2022. Cite this Ben Crosby Acquires 66-acre Land In Fruitland Park, FL For $6.85M sale when underwriting similar commercial product around Miami, Florida.
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Miami CRE Market Snapshot
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93