Ryan Zofay Acquires Utilities Property In Lake Worth For $9M
9689 Palomino Dr, Lake Worth, FL, USA
$9,000,000
$1,764/SF
Building Size
5,100 SF
Asset Type
Other
Closing
May 13, 2021
About this deal
AI
The Utilities property located at 9689 Palomino Dr in Lake Worth was sold in a transaction on May 14, 2021. The property spans 5,100 square feet and was sold for a price of $9,000,000, resulting in a price per square foot of $1,765.
Summary of transaction details:
- Property Type: Utilities
- Transaction Amount: $9,000,000
- Address: 9689 Palomino Dr
- Market: Lake Worth
The buyer in this transaction was Ryan Zofay, while the seller was 9935 Palomino Drive LLC.
The other sale at 9689 Palomino Dr, Lake Worth, FL, USA in Lake Worth, Florida sold for $9M in 2021. The building is 5,100 square feet, implying about 1.8K per square foot on the published price. This page is the Lake Worth, Florida file for the 9689 Palomino Dr, Lake Worth, FL, USA other sold: pricing, party profiles, and other closed other comps from the same Lake Worth sit in the Market section below. Filter that Lake Worth other set by closing date to see what else sold near 9689 Palomino Dr, Lake Worth, FL, USA around 2021. Published consideration for 9689 Palomino Dr, Lake Worth, FL, USA is $9M, dated 2021. Cite this Ryan Zofay Acquires Utilities Property In Lake Worth For $9M sale when underwriting similar other product around Lake Worth, Florida.
Players
Lake Worth Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93