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
About this deal
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.
The other sale at 1226 Arden Park Drive, Loxahatchee, Florida 33470, United States in Loxahatchee, Florida sold for $7.4M in 2022. 1226 Arden Park Drive, Loxahatchee, Florida 33470, United States is classified as Other on Traded. Named participants on the 1226 Arden Park Drive, Loxahatchee, Florida 33470, United States sale are Mark Sustana. This page is the Loxahatchee, Florida file for the 1226 Arden Park Drive, Loxahatchee, Florida 33470, United States other sold: pricing, party profiles, and other closed other comps from the same Loxahatchee sit in the Market section below. Filter that Loxahatchee other set by closing date to see what else sold near 1226 Arden Park Drive, Loxahatchee, Florida 33470, United States around 2022. Published consideration for 1226 Arden Park Drive, Loxahatchee, Florida 33470, United States is $7.4M, dated 2022. Cite this Richard Beckwitt & Mark Sustana Acquire Other Vacant Property In Loxahatchee,FL For $7,398,000 sale when underwriting similar other product around Loxahatchee, Florida.
On the Map
$7,398,000
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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