Updated Oct 28, 2024
Don F. Ahern Acquires West Palm Beach Industrial Property For $3.05M
1700 N Florida Mango Rd, West Palm Beach, FL, USA
$3,050,000
$293/SF
Building Size
10,405 SF
Asset Type
Industrial
Closing
May 16, 2021
About this deal
AI
The industrial property located at 1700 N Florida Mango Rd in West Palm Beach has been sold. The property spans approximately 10,405 square feet and was sold for a total price of $3,050,000, resulting in a price per square foot of $293. The transaction took place on the date of May 17, 2021.
Summary of Transaction Details:
- Property Type: Industrial
- Sale Price: $3,050,000
- Square Footage: 10,405
- Price per Square Foot: $293
- Address: 1700 N Florida Mango Rd, West Palm Beach
- Market: West Palm Beach
The buyer of the property is Don F. Ahern, while the seller is Bp Myrtle Apartments LLC.
Players
West Palm Beach 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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93