facebook
Traded Co logo
Submit

CRDP Holdings, LLC Acquires Office Building In Deerfield Beach For $4.5M

Property Image
SOLD
$4,500,000

Florida

See Similar Deals
Office26,288 SF
Sold 12/14/2020
the dealplayerscompscontact
Property Image
SOLD

CRDP Holdings, LLC Acquires Office Building In Deerfield Beach For $4.5M

590 Goolsby Boulevard, Deerfield Beach, FL, USA

See Similar Deals
Office26,288 SF
Sold 12/14/2020
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$171
Total Square Footage:26,288 SF
Transaction Type:Sale

The office property located at 590 Goolsby Boulevard in Deerfield Beach has been sold for a price of $4,500,000. The sale took place on December 14, 2020. The property spans a total of 26,288 square feet, resulting in a price per square foot of $171.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $4,500,000
  • Address: 590 Goolsby Boulevard, Deerfield Beach
  • Market: Deerfield Beach

The buyer of the property is CRDP Holdings, LLC, while the seller is RJS Ventures, Inc. The deal was facilitated by broker Tom Hotz from Butters Realty & Management.

Players

Tom Hotz
Tom Hotz
2 deals$12.8M volume
BROKER

Details

SOLD
IMAGE: Tom Hotz DATE: 12/14/2020 ADDRESS: 590 Goolsby Boulevard MARKET: Deerfield Beach ASSET TYPE: Office BUYER: CRDP Holdings, LLC SELLER: RJS Ventures, Inc. BROKER: Tom Hotz - Butters Realty & Management PRICE: $4,500,000 SF: 26,288 ~ PPSF: $171

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$240,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55