William P. Roberts IV Acquires West Palm Beach Industrial Property For $3.675M
7709 Central Industrial Dr, West Palm Beach, FL, USA
$3,675,000
$205/SF
Building Size
17,869 SF
Asset Type
Industrial
Closing
May 27, 2021
AI
The industrial property located at 7709 Central Industrial Dr in West Palm Beach has been sold in a recent transaction. The property spans 17,869 square feet and was sold for a total price of $3,675,000, resulting in a price per square foot of $206.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,675,000
- Square Footage: 17,869
- Price per Square Foot: $206
- Market: West Palm Beach
The buyer of the property is William P. Roberts IV, while the sellers are John J. Diez and Robert D. Fatovic.
Players
Riviera 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
4.32%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93