Mary Josephine Walsh Acquires Office Building In West Palm Beach, FL For $2.7M
1340 Kenwood Road, West Palm Beach, Florida 33401, United States
$2,700,000
$676/SF
Building Size
3,990 SF
Asset Type
Office
Closing
Aug 11, 2022
About this deal
AI
The Office Building at 1340 Kenwood Rd in West Palm Beach, FL has been sold. The transaction took place on August 12, 2022. The property spans 3,990 square feet and was purchased for a total price of $2,700,000, resulting in a price per square foot of $676.
Summary of transation details
- Property Type: Office Building
- Transaction Amount: $2,700,000
- Address: 1340 Kenwood Rd, West Palm Beach, FL
- Market: West Palm Beach, FL
- Buyer: Mary Josephine Walsh
- Seller: Timothy K Anderson
- Size: 3,990 square feet
- Price per Square Foot: $676
Mary Josephine Walsh is the buyer of the property, while Timothy K Anderson is the seller. They were the key individuals involved in this transaction.
Players
West Palm Beach Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93