Updated Dec 5, 2024
Elion Partners Acquires Industrial Property In Boynton Beach For $25.8M
1210 Southwest 35th Avenue, Boynton Beach, FL, USA
$25,800,000
$242/SF
Building Size
106,457 SF
Asset Type
Industrial
Closing
Jan 26, 2020
About this deal
AI
An industrial property located at 1200 & 1210 Southwest 35th Avenue in Boynton Beach has been sold for $25,800,000. The property encompasses a total area of 106,457 square feet, resulting in a price per square foot of $242. The transaction took place on January 27, 2020. The buyer of the property is Elion Partners, represented by Shlomo Khoudari, Jack Azout, Sylvain Argy, and Juan DeAngulo. The seller of the property is Exeter Property Group.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $25,800,000
- Address: 1200 & 1210 Southwest 35th Avenue, Boynton Beach
- Market: Boynton Beach
- Buyer: Elion Partners - Shlomo Khoudari, Jack Azout, Sylvain Argy, Juan DeAngulo
- Seller: Exeter Property Group
- Square Footage: 106,457
- Price per Square Foot: $242
On the Map
$25,800,000
$242/SF
Industrial
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Players
Boynton Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93