Adam C. Demark Acquires Multifamily Property On Churchill Rd, West Palm Beach For $3.3M
219 Churchill Rd, West Palm Beach, FL, USA
$3,294,000
$1,016/SF
Building Size
3,240 SF
Asset Type
MultiFamily
Closing
Jul 18, 2021
AI
The multifamily property located at 219 Churchill Rd in West Palm Beach has been sold. The property spans 3,240 square feet and was sold for a total price of $3,294,000, resulting in a price per square foot of $1,017.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,294,000
- Market: West Palm Beach
- Buyer: Adam C. Demark
- Seller: John & Susan Levin
Adam C. Demark has acquired the property at 219 Churchill Rd in West Palm Beach. The transaction was facilitated by John & Susan Levin, the sellers' representatives.
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
4.82%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93