Updated Oct 28, 2024
Nick Antonopoulos Acquires Multifamily Property In West Palm Beach For $21.5M
803 Lido Circle, West Palm Beach, Florida 33403, United States
$21,500,000
$696/SF
Building Size
30,880 SF
Asset Type
MultiFamily
Closing
Dec 20, 2021
About this deal
AI
The multifamily property located at 803 Lido Cir West Palm Beach, FL has been sold in a transaction dated 12/21/2021. The property spans a total area of 30,880 square feet and was sold for a price of $21,500,000, resulting in a price per square foot of $696.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $21,500,000
- Address: 803 Lido Cir West Palm Beach, FL
- Square Footage: 30,880
- Price per Square Foot: $696
The buyer of the property is Nick Antonopoulos, while the seller is Trust Lake Park Two Ltd.
Players
Lake Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Nick Antonopoulos to view all their deals.
Browse Lake Park multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93