Miles Rich & Jaclyn Rich Acquire Religious Institutions In Jupiter, FL For $2.5M
550 Bush Road, Jupiter, Florida 33458, United States
$2,500,000
$1,106/SF
Building Size
2,259 SF
Asset Type
Other
Closing
Aug 28, 2022
AI
The religious institution located at 550 Bush Rd in Jupiter, FL has been sold in a recent transaction. The property spans a total of 2,259 square feet and was sold for a price of $2,500,000, resulting in a price per square foot of $1,106.
Summary of transaction details
- Property Type: Religious Institutions
- Transaction Amount: $2,500,000
- Address: 550 Bush Rd, Jupiter, FL
- Market: Jupiter, FL
The buyers of the property are Miles Rich and Jaclyn Rich, while the sellers are Joan Soltau and Teresa Gumley.
Players
Jupiter Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93