Good Friday LLC Acquires 35 Acres Of Land In Wellington For $11.4M, Represented By Jonathan Postma & Matt Johnson
13560 Indian Mound Road, Wellington, Florida 33414, United States
$11,400,000
Building Size
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Asset Type
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Closing
Sep 26, 2022
AI
A 35-acre land located at 13560 Indian Mound Road in Wellington has been sold for $11,400,000. The sale was finalized on 09/27/2022.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $11,400,000
- Address: 13560 Indian Mound Road
- Market: Wellington
- Buyer: Good Friday LLC - Abraham Weissbrod
- Seller: Andreas Helgstrand - Helgstrand Windsome LLC
- Buyer's Representative: Jonathan Postma - Coldwell Banker Realty
- Seller's Representative: Matt Johnson - Engel & Völkers
- Image: Matt Johnson
The buyer, Good Friday LLC represented by Abraham Weissbrod, and the seller, Andreas Helgstrand of Helgstrand Windsome LLC, successfully completed this sale transaction. The buyer's representative in this deal was Jonathan Postma of Coldwell Banker Realty, while the seller was represented by Matt Johnson of Engel & Völkers.
Players
Wellington 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
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93