Updated Oct 28, 2024
Live Oak Banking Company Provides $30M Loan For Development Site In Boynton Beach
6495 West Boynton Beach Boulevard, Boynton Beach, FL, USA
$30,000,000
$3,896/SF
Building Size
7,700 SF
Asset Type
Development Site
Closing
Aug 15, 2021
About this deal
AI
A development site located at 6495 W Boynton Beach Boulevard in Boynton Beach has been sold. The property spans 5.3 acres and is situated in the Boynton Beach market.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $30,000,000
- Address: 6495 W Boynton Beach Boulevard
- Market: Boynton Beach
- Lender: Live Oak Banking Company
- Landlord: Harrison Street Real Estate & CA Ventures
- Acres: 5.3
The lender for this transaction was Live Oak Banking Company, and the landlord involved in the deal was Harrison Street Real Estate and CA Ventures.
Players
Boynton Beach Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
Loading comparables…
Deal FAQ
Browse Florida development site loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93