Tyler Henritze, William J. Stein & Brian Kim Acquire Multifamily Property In Pompano Beach, FL From Leon J. Wolfe For $31.2M
3597 Wiles Road, Coconut Creek, Florida 33073, United States
$31,233,266
$102/SF
Building Size
306,027 SF
Asset Type
MultiFamily
Closing
Dec 1, 2022
AI
A multifamily property located at 3597 Wiles Rd in Pompano Beach, FL, has been sold. The property spans 306,027 square feet and was sold for a price of $31,233,266, resulting in a price per square foot of $102.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $31,233,266
- Address: 3597 Wiles Rd, Pompano Beach, FL
- Market: Pompano Beach, FL
- Buyer: Tyler Henritze & William J. Stein & Brian Kim
- Seller: Leon J Wolfe
- Square Footage: 306,027
- Price per Square Foot: $102
The buyers of the property were Tyler Henritze, William J. Stein, and Brian Kim. The seller of the property was Leon J Wolfe.
Players
Coconut Creek MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93