John Satriale Acquires Office Building In Jupiter, FL For $2.4M
600 University Boulevard, Jupiter, Florida 33458, United States
$2,400,000
Building Size
—
Asset Type
Office
Closing
Mar 3, 2022
About this deal
AI
A commercial office property located at 600 University Blvd in Jupiter, FL, has been sold for $2,400,000. The transaction took place on March 4, 2022, with the buyer identified as John Satriale and the seller as Donald R. Shapiro.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,400,000
- Address: 600 University Blvd, Jupiter, FL
John Satriale represented the buyer in this office sale transaction, while Donald R. Shapiro acted as the seller's representative.
The office sale at 600 University Boulevard, Jupiter, Florida 33458, United States in Jupiter, Florida sold for $2.4M in 2022. 600 University Boulevard, Jupiter, Florida 33458, United States is classified as Office on Traded. Named participants on the 600 University Boulevard, Jupiter, Florida 33458, United States sale are Donald R. Shapiro, John Satriale. This page is the Jupiter, Florida file for the 600 University Boulevard, Jupiter, Florida 33458, United States office sold: pricing, party profiles, and other closed office comps from the same Jupiter sit in the Market section below. Filter that Jupiter office set by closing date to see what else sold near 600 University Boulevard, Jupiter, Florida 33458, United States around 2022. Published consideration for 600 University Boulevard, Jupiter, Florida 33458, United States is $2.4M, dated 2022. Cite this John Satriale Acquires Office Building In Jupiter, FL For $2.4M sale when underwriting similar office product around Jupiter, Florida.
On the Map
$2,400,000
Office
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Jupiter Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93