Francois Kasselmann Acquires Other Agricultural Property In Loxahatchee, FL For $2.195M
905 Gallop Drive, Loxahatchee, Florida 33470, United States
$2,195,000
$526/SF
Building Size
4,170 SF
Asset Type
—
Closing
Jul 25, 2022
About this deal
AI
The property involved in the transaction is an Other Agricultural asset located at 905 Gallop Dr in Loxahatchee, FL. The property has a size of 4,170 square feet. The sale took place on July 26, 2022, with a selling price of $2,195,000. This equates to a price per square foot of $526.
Summary of transation details
- Property Type: Other Agricultural
- Transaction Amount: $2,195,000
- Square Footage: 4,170
- Address: 905 Gallop Dr, Loxahatchee, FL
- Market: Loxahatchee, FL
Frances Kasselmann acted as the buyer in the transaction, while Tracy K Howe was the seller.
Players
Loxahatchee 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
7.23%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93