SOLDOther
Richard Beckwitt & Mark Sustana Acquire Other Vacant Property In Loxahatchee,FL For $7,398,000
1226 Arden Park Drive, Loxahatchee, Florida 33470, United States
$7,398,000
Building Size
—
Asset Type
Other
Closing
Mar 2, 2022
AI
The property asset that was involved in this transaction is located at 1226 Arden Park Dr in Loxahatchee, FL. It is an Other Vacant property.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $7,398,000
- Address: 1226 Arden Park Dr, Loxahatchee, FL
- Market: Loxahatchee, FL
The buyer in this transaction is Richard Beckwitt & Mark Sustana. They purchased the property from Amanda Winnington & Jesse R. Baker.
Players
Loxahatchee Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93