Phillip Nathan Thornberry Acquires Condo In Pampano Beach, FL For $4.15M
1021 Hillsboro Mile, Hillsboro Beach, Florida 33062, United States
$4,150,000
Building Size
—
Asset Type
—
Closing
Jan 31, 2022
About this deal
AI
The recently closed property transaction on 02/1/2022 involved a condominium located at 1021 Hillsboro Mile, Pampano Beach, FL. The condo was sold for a price of $4,150,000. The asset type in this transaction was a condo.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $4,150,000
- Buyer: Phillip Nathan Thornberry
- Seller: John T Fitzgerald
Phillip Nathan Thornberry emerged as the buyer in this transaction, while John T Fitzgerald acted as the seller. No additional details were provided regarding the deal's key individuals and companies.
Players
Hillsboro Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93