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
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.
Jupiter Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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