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2702 Wilson Circle, Lutz, F...

Richard Becwitt & Mark Sustana Acquire Livestock Property In Lutz, FL For $21.7M
SOLDOther

Richard Becwitt & Mark Sustana Acquire Livestock Property In Lutz, FL For $21.7M

2702 Wilson Circle, Lutz, Florida 33548, United States

$21,735,000

$6,626/SF

Building Size

3,280 SF

Asset Type

Other

Closing

Dec 26, 2021

AI

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.

Players

Rick Beckwitt

Lennar

Broker

$80.4M

vol

5 deals

Broker

Mark Sustana

Buyer

$29.1M

vol

2 deals

Buyer

Lutz 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

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93