Richard Becwitt & Mark Sustana Acquire Livestock Property In Lutz, FL For $21.7M
SOLD
$21,735,000
Florida
See Similar DealsOther3,280 SF
Sold 12/27/2021
SOLD
Richard Becwitt & Mark Sustana Acquire Livestock Property In Lutz, FL For $21.7M
2702 Wilson Circle, Lutz, Florida 33548, United States
See Similar DealsOther3,280 SF
Sold 12/27/2021
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$6,626
Total Square Footage:3,280 SF
Transaction Type:Sale
The Livestock located at 2702 Wilson Cir in Lutz, FL has been sold in a closed transaction. The property spans 3,280 square feet and was sold at a price of $21,735,000, resulting in a price per square foot of $6,626.
Summary of transaction details
- Property Type: Livestock
- Transaction Amount: $21,735,000
- Address: 2702 Wilson Cir, Lutz, FL
- Market: Lutz, FL
The buyers of the Livestock property are Richard Becwitt and Mark Sustana. The seller is Kelly Dobsha. The transaction was completed on the date of December 27, 2021.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,159,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$77,219.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$103,034.99
Annual Debt Service$1,236,419.86
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