Updated Dec 18, 2023
Melissa Potamkin Ganzi Acquires Other Industrial Property In Wellington, FL For $3.3M
3260 Fairlane Farms Road, Wellington, Florida 33414, United States
$3,300,000
$292/SF
Building Size
11,271 SF
Asset Type
Industrial
Closing
Jun 20, 2022
About this deal
AI
The property involved in this closed transaction is an Other Industrial asset located at 3260 Fairlane Farms Rd in Wellington, FL. The property spans a total of 11,271 square feet and was sold for a price of $3,300,000, resulting in a price per square foot of $292.
Summary of transaction details
- Property Type: Other Industrial
- Transaction Amount: $3,300,000
- Address: 3260 Fairlane Farms Rd, Wellington, FL
- Market: Wellington, FL
- Buyer: Melissa Potamkin Ganzi
- Seller: Iris Goldschmidt
Melissa Potamkin Ganzi acted as the buyer in this transaction, while Iris Goldschmidt served as the seller. They were the key individuals involved in the deal.
Players
Wellington 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93