Kien Angus Acquires Other Vacant Property In Boca Raton For $2.7M
SOLD
$2,704,339
Florida
See Similar DealsOther7,576 SF
Sold 02/17/2022
SOLD
Kien Angus Acquires Other Vacant Property In Boca Raton For $2.7M
17074 Brulee Breeze Way, Delray Beach, Florida 33446, United States
See Similar DealsOther7,576 SF
Sold 02/17/2022
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$357
Total Square Footage:7,576 SF
Transaction Type:Sale
The property involved in this closed transaction is a vacant Other type asset located at 17074 Brulee Breeze Way in Boca Raton, FL. The property spans a total area of 7,576 square feet, with a price per square foot of $357. The sale took place on February 17, 2022.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $2,704,339
- Address: 17074 Brulee Breeze Way, Boca Raton, FL
- Market: Boca Raton, FL
In this transaction, Kien Angus acted as the buyer, while Richard M. Norwalk was the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,231.41
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,607.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,819.95
Annual Debt Service$153,839.36
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