Eric Witmondt Acquires Industrial Property In Jupiter, FL For $4.4M
15849 Corporate Circle, Jupiter, Florida 33478, United States
$4,395,000
Building Size
—
Asset Type
Industrial
Closing
Dec 21, 2021
AI
Located in Jupiter, FL, the industrial property at 15849 Corporate Cir & 15791 Corporate Cir has been sold for a price of $4,395,000. This transaction took place on 12/22/2021. The property boasts a prime location in the thriving market of Jupiter, FL.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $4,395,000
- Address: 15849 Corporate Cir & 15791 Corporate Cir, Jupiter, FL
- Market: Jupiter, FL
Eric Witmondt was the buyer in this transaction, while Lidia Cartaya acted as the seller. Both parties successfully closed the deal, which involved the purchase of the industrial property at 15849 Corporate Cir & 15791 Corporate Cir. The transaction demonstrates the strong demand for industrial assets in the Jupiter market.
Jupiter 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93