Good Friday LLC Acquires 35 Acres Of Land In Wellington For $11.4M, Represented By Jonathan Postma & Matt Johnson
SOLD
$11,400,000
Florida
See Similar DealsSold 09/27/2022
SOLD
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
See Similar DealsSold 09/27/2022
Summary
FLORIDA
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$607,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,501.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,041.82
Annual Debt Service$648,501.79
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