SOLDDevelopment Site
Charles Glen Leonard Acquires Development Site In Pompano Beach For $13.975M
997 Hillsboro Mile, Pompano Beach, FL, USA
$13,975,000
$292/SF
Building Size
47,823 SF
Asset Type
Development Site
Closing
Apr 5, 2021
AI
Bahram Akradi LLC has sold a development site located at 997 Hillsboro Mile in Pompano Beach. The property was purchased by Charles Glen Leonard for a price of $13,975,000.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $13,975,000
- Address: 997 Hillsboro Mile, Pompano Beach
- Seller: Bahram Akradi LLC
- Buyer: Charles Glen Leonard
Charles Glen Leonard is the buyer of this development site. The seller of the property is Bahram Akradi LLC.
Players
Hillsboro Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.14%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93