Michael Mccarty Acquires Golf Club In Lake Worth For $9.3M
4404 Charleston St, Lake Worth, Florida 33467, United States
$9,269,568
$1,114/SF
Building Size
8,320 SF
Asset Type
Other
Closing
Apr 28, 2022
AI
The golf club located at 4404 Charleston St in Lake Worth has been sold in a recent transaction. The property spans 8,320 square feet and was sold for a price of $9,269,568, resulting in a price per square foot of $1,114. The buyer of the golf club is Michael Mccarty, and the seller is Peter Nanula.
Summary of transation details
- Property Type: Golf Club
- Transaction Amount: $9,269,568
- Address: 4404 Charleston St
- Market: Lake Worth
- Square Footage: 8,320
- Price Per Square Foot: $1,114
- Buyer: Michael Mccarty
- Seller: Peter Nanula
The deal was facilitated by Michael Mccarty's representative from his agency.
Players
Lake Worth 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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93