Updated Dec 21, 2023
Louis N Vinios & Zacharie H Vinios Acquire Other Agricultural Property In Lake Worth, FL For $5.25M
12266 Wellington Preserve Boulevard, Wellington, Florida 33449, United States
$5,250,000
Building Size
—
Asset Type
Industrial
Closing
Feb 2, 2022
About this deal
AI
The property involved in this transaction is located at 12266 Wellington Preserve Blvd in Lake Worth, FL. It is an agricultural asset, with no additional information available.
Summary of transaction details
- Property Type: Other Agricultural
- Transaction Amount: $5,250,000
- Buyer: Louis N Vinios & Zacharie H Vinios
- Seller: Dorothy A Matz
Louis N Vinios & Zacharie H Vinios were the buyers in this transaction, representing themselves. Dorothy A Matz was the seller. No additional details were provided for this deal.
Players
Lake Worth Industrial Market Snapshot
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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