facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

6751 Federal Highway, Boca ...

James P Day Acquires Offices In Boca Raton, FL For $2.05M
SOLDOffice

James P Day Acquires Offices In Boca Raton, FL For $2.05M

6751 Federal Highway, Boca Raton, Florida 33487, United States

$2,050,000

Building Size

Asset Type

Office

Closing

Dec 21, 2021

AI

The office property located at 6751 N Federal Hwy in Boca Raton, FL has been sold in a transaction that took place on December 22, 2021. The property was sold for a price of $2,050,000. The buyers in this transaction were James P Day, while the sellers were Elizabeth Schwartz and Steven G Schwartz.

Summary of transaction details

  • Property Type: Offices
  • Transaction Amount: $2,050,000
  • Address: 6751 N Federal Hwy, Boca Raton, FL

The sale of this office property marks an important milestone in the real estate market. James P Day represented the buyer in this transaction, while Elizabeth Schwartz and Steven G Schwartz were the sellers. The sale price of $2,050,000 reflects the value of the property and highlights its attractiveness to potential buyers. This transaction demonstrates the ongoing activity and demand in the office market in Boca Raton, FL.

Players

Steven Schwartz

Seller

$85M

vol

3 deals

Seller

Boca Raton 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

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93