Stuart Hayim Acquires Other Vacant Property In Boca Raton For $11M
829 Orchid Drive, Boca Raton, Florida 33432, United States
$11,000,000
Building Size
—
Asset Type
Other
Closing
Aug 30, 2022
About this deal
AI
Located at 829 Orchid Dr in Boca Raton, FL, this vacant property was recently sold in a closed transaction on 08/31/2022. The asset, classified as "Other Vacant," was purchased by Stuart Hayim from the seller, Kim Berman, for a total price of $11,000,000.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $11,000,000
- Address: 829 Orchid Dr, Boca Raton, FL
- Buyer: Stuart Hayim
- Seller: Kim Berman
- Date: 08/31/2022
Stuart Hayim, represented by his broker, was the buyer in this transaction. Kim Berman, on the other hand, represented the seller's interests. The sale of this vacant property represents a significant real estate transaction in Boca Raton, FL.
Players
Boca Raton Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93