Jeffrey A. Dehart Acquires Vacant Commercial Property In Boynton Beach, FL For $11.15M
SOLD
Florida
See Similar DealsCommercial
Sold 04/11/2022
SOLD
Jeffrey A. Dehart Acquires Vacant Commercial Property In Boynton Beach, FL For $11.15M
7499 West Boynton Beach Boulevard, Boynton Beach, Florida 33437, United States
See Similar DealsCommercial
Sold 04/11/2022
Summary
FLORIDA
Asset Type:Commercial
Transaction Type:Sale
A vacant commercial property in Boynton Beach, FL has been sold for $11,150,000. The property is located at 7499 Boynton Beach Blvd & 7395 Boynton Beach Blvd.
Summary of transaction details
- Property Type: Vacant Commercial
- Sale Price: $11,150,000
- Address: 7499 Boynton Beach Blvd & 7395 Boynton Beach Blvd
- Market: Boynton Beach, FL
Jeffrey A. Dehart has purchased the property from Patricia A Mazzoni, Mazzoni William & Thomas A Smith.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$594,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,613.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,856.69
Annual Debt Service$634,280.26
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