Updated Dec 21, 2023
Nathan Ayala Acquires Vacant Commercial Property In West Palm Beach For $5.2M
366 South Congress Avenue, West Palm Beach, Florida 33406, United States
$5,200,000
Building Size
—
Asset Type
Commercial
Closing
Mar 31, 2022
About this deal
AI
Located in West Palm Beach, FL, the vacant commercial property at 366 S Congress Ave & 2935 Ohio St has been sold in a closed transaction. The sale took place on April 1, 2022, with Nathan Ayala as the buyer. The property was sold for a price of $5,200,000.
Summary of transaction details:
- Property Type: Vacant Commercial
- Transaction Amount: $5,200,000
- Address: 366 S Congress Ave & 2935 Ohio St, West Palm Beach, FL
The sale of this vacant commercial property marks a significant deal in West Palm Beach. Nathan Ayala played a crucial role as the buyer, facilitating the transaction.
Players
West Palm Beach Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93