CRDP Holdings, LLC Acquires Office Building In Deerfield Beach For $4.5M
590 Goolsby Boulevard, Deerfield Beach, FL, USA
$4,500,000
$171/SF
Building Size
26,288 SF
Asset Type
Office
Closing
Dec 13, 2020
AI
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
Deerfield 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93