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6701 Mallards Cove, Jupiter...

Scott Everett Acquires Other Multi-Family Property In Jupiter, FL For $127M
SOLDMultiFamily

Scott Everett Acquires Other Multi-Family Property In Jupiter, FL For $127M

6701 Mallards Cove, Jupiter, Florida 33458, United States

$127,000,000

$996/SF

Building Size

127,432 SF

Asset Type

MultiFamily

Closing

Mar 28, 1922

AI

The property asset involved in this transaction is a Other Multi-Family located at 6701 Mallards Cove Rd, Jupiter, FL. The property has a total square footage of 127,432 and was sold for a price of $127,000,000, resulting in a price per square foot of $997.

Summary of transaction details

  • Property Type: Other Multi-Family
  • Transaction Amount: $127,000,000
  • Address: 6701 Mallards Cove Rd, Jupiter, FL
  • Square Footage: 127,432
  • Seller: Lawrence Gottediener & Matthew R. Gottesdiener
  • Buyer: Scott Everett

In this transaction, the seller was represented by Lawrence Gottediener & Matthew R. Gottesdiener as their representatives, while Scott Everett acted as the buyer.

Players

Lawrence Gottesdiener

Northland

Broker

$509.7M

vol

5 deals

Broker
Scott Everett

Scott Everett

Buyer

$337M

vol

10 deals

Buyer

Matthew R. Gottesdiener

Northland

Seller

$978M

vol

4 deals

Seller

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

0.12%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93