Updated Dec 4, 2024
John D. Bols Acquires Multifamily Property For $3.275M In Jupiter
17345 Bush Road
$3,275,000
$291/SF
Building Size
11,248 SF
Asset Type
MultiFamily
Closing
Dec 1, 2023
About this deal
AI
The multifamily property located at 17345 Bush Road in Jupiter was recently sold in a closed transaction. The property consists of 12 units, with a total square footage of 11,248. The sale price for the property was $3,275,000, resulting in a per unit price of approximately $272,917. The price per square foot for the property was approximately $291.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $3,275,000
- Number of Units: 12
- Price per Unit: $272,917
- Total Square Footage: 11,248
- Price per Square Foot: $291
The buyer of the property was John D. Bols, while the seller was Lucille F. Gaines. The transaction was facilitated by Nelson Ilceus of Colliers International, who represented both parties in the deal.
On the Map
$3,275,000
$291/SF
MultiFamily
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Jupiter 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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93