Scott Averett Acquires Other Vacant Property In Jupiter, FL For $127M
SOLD
$127,000,000
Florida
See Similar DealsOther
Sold 03/29/2022
SOLD
Scott Averett Acquires Other Vacant Property In Jupiter, FL For $127M
6802 Jupiter Gardens Boulevard, Jupiter, Florida 33458, United States
See Similar DealsOther
Sold 03/29/2022
Summary
FLORIDA
Asset Type:Other
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$6,773,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$451,204.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$602,044.79
Annual Debt Service$7,224,537.51
Is there something missing? Send suggestions