John D. Bols Acquires Multifamily Property In North Palm Beach For $1.65M
1887 Juno Road
$1,650,000
$343/SF
Building Size
4,800 SF
Asset Type
MultiFamily
Closing
Jan 10, 2024
AI
The multifamily property located at 1887 Juno Road in North Palm Beach has been sold in a closed transaction. The property consists of 6 units with a total square footage of 4,800. The sale price was $1,650,000, resulting in a price per unit of $275,000 and a price per square foot of $344.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,650,000
- Number of Units: 6
- Price Per Unit: $275,000
- Total Square Footage: 4,800
- Price Per Square Foot: $344
- Address: 1887 Juno Road, North Palm Beach
- Market: North Palm Beach
The buyer of the property is John D. Bols, while the seller is Isreal Morag. The deal was facilitated by the brokers Nelson Ilceus from Colliers International and Natalie Jamal from Compass.
Players
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93