Updated Dec 21, 2023
Don B Brodie Acquires Industrial Property In Delray Beach For $2.05M
1250 Wallace Drive, Delray Beach, Florida 33444, United States
$2,050,000
Building Size
—
Asset Type
Industrial
Closing
Aug 18, 2022
About this deal
AI
The industrial property located at 1250 Wallace Dr in Delray Beach, FL has been sold for a price of $2,050,000. The transaction took place on August 19, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,050,000
- Address: 1250 Wallace Dr, Delray Beach, FL
The buyer of the property is Don B Brodie, while the sellers are Ronald Bergman and Samuel Bergman.
The industrial sale at 1250 Wallace Drive, Delray Beach, Florida 33444, United States in Delray Beach, Florida sold for $2.1M in 2022. 1250 Wallace Drive, Delray Beach, Florida 33444, United States is classified as Industrial on Traded. This page is the Delray Beach, Florida file for the 1250 Wallace Drive, Delray Beach, Florida 33444, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Delray Beach sit in the Market section below. Filter that Delray Beach industrial set by closing date to see what else sold near 1250 Wallace Drive, Delray Beach, Florida 33444, United States around 2022. Published consideration for 1250 Wallace Drive, Delray Beach, Florida 33444, United States is $2.1M, dated 2022. Cite this Don B Brodie Acquires Industrial Property In Delray Beach For $2.05M sale when underwriting similar industrial product around Delray Beach, Florida.
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Delray Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93