PulteGroup Acquires 6.7 Acre Development Site In Plantation For $6.9M
SOLD
$6,900,000
Florida
See Similar DealsDevelopment Site
Sold 07/25/2022
SOLD
PulteGroup Acquires 6.7 Acre Development Site In Plantation For $6.9M
777 American Express Way, Plantation, Florida 33324, United States
See Similar DealsDevelopment Site
Sold 07/25/2022
Summary
FLORIDA
Asset Type:Development Site
Transaction Type:Sale
777 American Express Way in Plantation has been sold in a recent transaction. The property is a development site covering an expansive area of 6.7 acres. The sale took place on July 25, 2022, and the sale price was $6,900,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,900,000
- Address: 777 American Express Way, Plantation
- Market: Plantation
- Buyer: PulteGroup - Andrew Maxey
- Seller: TM Real Estate Group
Andrew Maxey from PulteGroup represented the buyer in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$367,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,514.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,709.52
Annual Debt Service$392,514.24
Is there something missing? Send suggestions