Updated Dec 21, 2023
Maricel A Perez & Jose Wilkie Perez Acquire Other Multi-Family Property In West Palm Beach For $2.05M
1530 Forest Hill Boulevard, West Palm Beach, Florida 33414, United States
$2,050,000
$410/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
May 15, 2022
About this deal
AI
The Other Multi-Family property located at 1530 Forest Hill Blvd, West Palm Beach, FL, was sold on May 16, 2022. The property spans 5,000 square feet and was sold for a total price of $2,050,000, resulting in a price per square foot of $410.
Summary of transaction details
- Property Type: Other Multi-Family
- Transaction Amount: $2,050,000
- Address: 1530 Forest Hill Blvd, West Palm Beach, FL
- Square Footage: 5,000
- Price per Square Foot: $410
- Buyer: Maricel A Perez & Jose Wilkie Perez
- Seller: Ali Amercupan
Maricel A Perez and Jose Wilkie Perez were the buyers in this transaction, while Ali Amercupan acted as the seller.
Players
West 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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93