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John D. Bols Acquires North Palm Beach Multifamily For $3.25M

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SOLD
$3,250,000

Florida

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MultiFamily10,890 SF
Sold 11/30/2023
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Property Image
SOLD

John D. Bols Acquires North Palm Beach Multifamily For $3.25M

131 Shore Court

See Similar Deals
MultiFamily10,890 SF
Sold 11/30/2023
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$298
Total Square Footage:10,890 SF
Transaction Type:Sale

The multifamily property located at 131 Shore Court in North Palm Beach has been sold in a transaction that closed on November 30, 2023. The property consists of 15 units, with a total square footage of 10,890. The sale price for the property was $3,250,000, resulting in a price per unit of $216,667 and a price per square foot of $298.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,250,000
  • Units: 15
  • Price per Unit: $216,667
  • Square Footage: 10,890
  • Price per Square Foot: $298
  • Address: 131 Shore Court, North Palm Beach

The buyer of the property is John D. Bols, while the seller is Charles L. Ill. Representing the buyer in the transaction was Nelson Ilceus from Colliers International.

Players

Nelson Ilceus
13 deals$39.4M volume
BROKER

Details

SOLD
IMAGE: Nelson Ilceus DATE: 11/30/2023 ADDRESS: 131 Shore Court MARKET: North Palm Beach ASSET TYPE: Multifamily BUYER: John D. Bols SELLER: Charles L. Ill BUYER'S REP: Nelson Ilceus (@NelsonIlceus_f) - Colliers International (@ColliersInternational) SALE PRICE: $3,250,000 UNITS: 15 ~ PPU: $216,667 SF: 10,890 ~ PPSF: $298

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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