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15849 Corporate Circle, Jup...

Eric Witmondt Acquires Industrial Property In Jupiter, FL For $4.4M
SOLDIndustrial

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.

Players

Eric Witmondt

Woodmont Industrial Partners

Buyer

$359.3M

vol

10 deals

Buyer

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