Carl Hollister & John Miller Acquire Care Facilities In West Palm Beach For $9.7M
4370 Community Drive, West Palm Beach, Florida 33409, United States
$9,700,000
$134/SF
Building Size
72,290 SF
Asset Type
Other
Closing
Mar 27, 2022
About this deal
AI
The care facility located at 4370 Community Dr in West Palm Beach, FL has been sold. The transaction took place on 03/28/2022.
Summary of transaction details
- Property Type: Care Facilities
- Transaction Amount: $9,700,000
- Square Footage: 72,290
- Price Per Square Foot: $134
- Address: 4370 Community Dr, West Palm Beach, FL
- Market: West Palm Beach, FL
The buyers of the care facility are Carl Hollister and John Miller. They acquired the property from Elias Magalios and Demetrios Theodossakos.
The other sale at 4370 Community Drive, West Palm Beach, Florida 33409, United States in West Palm Beach, Florida sold for $9.7M in 2022. The building is 72,290 square feet, implying about 134 per square foot on the published price. This page is the West Palm Beach, Florida file for the 4370 Community Drive, West Palm Beach, Florida 33409, United States other sold: pricing, party profiles, and other closed other comps from the same West Palm Beach sit in the Market section below. Filter that West Palm Beach other set by closing date to see what else sold near 4370 Community Drive, West Palm Beach, Florida 33409, United States around 2022. Published consideration for 4370 Community Drive, West Palm Beach, Florida 33409, United States is $9.7M, dated 2022. Cite this Carl Hollister & John Miller Acquire Care Facilities In West Palm Beach For $9.7M sale when underwriting similar other product around West Palm Beach, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93