Updated Oct 28, 2024
G W Purucker Homes Jv Acquires Multifamily Property In Palm Beach For $4.7M
334 Chilean Ave, Palm Beach, FL, USA
$4,700,000
$501/SF
Building Size
9,374 SF
Asset Type
MultiFamily
Closing
May 23, 2021
About this deal
AI
334 Chilean Ave, a multifamily property located in Palm Beach, was recently sold for a price of $4,700,000. This property offers great investment potential in the thriving Palm Beach market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Address: 334 Chilean Ave
- Market: Palm Beach
The buyer in this transaction was G W Purucker Homes Jv. They acquired the property from the sellers, 334 Chilean LLC and 334 Chilian LLC.
The multifamily sale at 334 Chilean Ave, Palm Beach, FL, USA in Palm Beach, Florida sold for $4.7M in 2021. The building is 9,374 square feet, implying about 501 per square foot on the published price. This page is the Palm Beach, Florida file for the 334 Chilean Ave, Palm Beach, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach multifamily set by closing date to see what else sold near 334 Chilean Ave, Palm Beach, FL, USA around 2021. Published consideration for 334 Chilean Ave, Palm Beach, FL, USA is $4.7M, dated 2021. Cite this G W Purucker Homes Jv Acquires Multifamily Property In Palm Beach For $4.7M sale when underwriting similar multifamily product around Palm Beach, Florida.
Players
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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93