Updated Dec 4, 2024
Seija T Regelmann Sells North Palm Beach Multifamily For $18.5M With Judge Moss As The Broker
11309 Ellison Wilson Road
$18,500,000
$171/SF
Building Size
108,028 SF
Asset Type
MultiFamily
Closing
Oct 2, 2023
About this deal
AI
Located at 11309 Ellison Wilson Road in North Palm Beach, this multifamily property was recently sold for a total price of $18,500,000. The asset spans across 108,028 square feet, resulting in a price per square foot of $171.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $18,500,000
- Square Feet: 108,028
- Price Per Square Foot: $171
- Seller: Seija T Regelmann
- Broker: Judge Moss - Sotheby's International Realty
Judge Moss, the representative from Sotheby's International Realty, played a crucial role in facilitating this transaction. With their expertise in the market, they successfully closed the deal on behalf of the seller, Seija T Regelmann.
North Palm Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93