Louis N Vinios And Zacharie H. Vinios Acquire Other Vacant Property In Lake Worth, FL For $3.5M
12038 Wellington Preserve Boulevard, Wellington, Florida 33449, United States
$3,500,000
Building Size
—
Asset Type
—
Closing
Dec 20, 2021
About this deal
AI
The vacant property located at 12038 Wellington Preserve Blvd in Lake Worth, FL has been sold for $3,500,000. The transaction took place on December 21, 2021. The property is classified as an "Other Vacant" asset.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $3,500,000
- Address: 12038 Wellington Preserve Blvd, Lake Worth, FL
The buyer of the property is Louis N Vinios and Zacharie H. Vinios, while the seller is Melissa Wight.
The commercial sale at 12038 Wellington Preserve Boulevard, Wellington, Florida 33449, United States in Lake Worth, Florida sold for $3.5M in 2021. This page is the Lake Worth, Florida file for the 12038 Wellington Preserve Boulevard, Wellington, Florida 33449, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Lake Worth sit in the Market section below. Filter that Lake Worth commercial set by closing date to see what else sold near 12038 Wellington Preserve Boulevard, Wellington, Florida 33449, United States around 2021. Published consideration for 12038 Wellington Preserve Boulevard, Wellington, Florida 33449, United States is $3.5M, dated 2021. Cite this Louis N Vinios And Zacharie H. Vinios Acquire Other Vacant Property In Lake Worth, FL For $3.5M sale when underwriting similar commercial product around Lake Worth, Florida.
Players
Lake Worth CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93