Updated Dec 21, 2023
Louis N Vinios & Zacharie H Vinios Acquire Other Agricultural Property In Lake Worth, FL For $5.25M
12190 Wellington Preserve Boulevard, Wellington, Florida 33449, United States
$5,250,000
$24/SF
Building Size
218,013 SF
Asset Type
Industrial
Closing
Feb 2, 2022
About this deal
AI
The property sold in a closed transaction on February 3, 2022, is located at 12190 Wellington Preserve Blvd in Lake Worth, FL. The property is classified as an Other Agricultural asset.
Summary of Transaction Details:
- Property Type: Other Agricultural
- Transaction Amount: $5,250,000
- Buyer: Louis N Vinios & Zacharie H Vinios
- Seller: Dorothy A Matz
The buyer for this transaction was Louis N Vinios & Zacharie H Vinios, representing themselves in the deal. The seller was Dorothy A Matz. No additional information was provided.
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Lake Worth 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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93