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921 Evergreen Dr, West Palm...

Updated Dec 21, 2023

Consuelo Sanchez Acquires Multifamily Property In West Palm Beach For $4.25M
SOLDMultiFamily

Consuelo Sanchez Acquires Multifamily Property In West Palm Beach For $4.25M

921 Evergreen Dr, West Palm Beach, FL, USA

$4,250,000

$240/SF

Building Size

17,706 SF

Asset Type

MultiFamily

Closing

Jul 8, 2021

About this deal

AI

The multifamily property located at 921 Evergreen Dr in West Palm Beach has been sold in a recent transaction. The property spans a total of 17,706 square feet and was sold for a price of $4,250,000, resulting in a per square foot price of $240.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,250,000
  • Address: 921 Evergreen Dr, West Palm Beach

The buyer in this transaction is Consuelo Sanchez, while the seller is Levi & Mimi Bieda.

The multifamily sale at 921 Evergreen Dr, West Palm Beach, FL, USA in West Palm Beach, Florida sold for $4.3M in 2021. The building is 17,706 square feet, implying about 240 per square foot on the published price. This page is the West Palm Beach, Florida file for the 921 Evergreen Dr, West Palm Beach, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same West Palm Beach sit in the Market section below. Filter that West Palm Beach multifamily set by closing date to see what else sold near 921 Evergreen Dr, West Palm Beach, FL, USA around 2021. Published consideration for 921 Evergreen Dr, West Palm Beach, FL, USA is $4.3M, dated 2021. Cite this Consuelo Sanchez Acquires Multifamily Property In West Palm Beach For $4.25M sale when underwriting similar multifamily product around West Palm Beach, Florida.

Players

West Palm Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $240 per square foot on a published $4.3M for 17,706 square feet (2021).

Browse Florida multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.73%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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