Scott Averett Acquires Other Vacant Property In Jupiter, FL For $127M
6802 Jupiter Gardens Boulevard, Jupiter, Florida 33458, United States
$127,000,000
Building Size
—
Asset Type
Other
Closing
Mar 28, 2022
About this deal
AI
The other vacant property located at 6802 Jupiter Gardens Blvd in Jupiter, FL has been sold in a closed transaction. The sale took place on March 29, 2022, and the property was acquired by Scott Averett. The seller of the property was Lawrence Gottesdiener and Matthew Gottesdiener. The transaction was completed for a total price of $127,000,000.
Summary of transation details
- Property Type: Other Vacant
- Transaction Amount: $127,000,000
Scott Averett, the buyer, made the purchase from the sellers Lawrence Gottesdiener and Matthew Gottesdiener. The sale of the property represents a significant deal in the Jupiter, FL market.
On the Map
$127,000,000
Other
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Jupiter 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
0.12%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93