Kahn Jamie And Kahn Paul Acquire Other Vacant Property In Boca Raton For $2.3M
9771 Chianti Classico Terrace, Boca Raton, Florida 33446, United States
$2,338,205
Building Size
—
Asset Type
Other
Closing
Jun 23, 2022
About this deal
AI
The property involved in this closed transaction is an Other Vacant asset located at 9771 Chianti Classico Ter in Boca Raton, FL. The transaction took place on June 24, 2022. The property was sold by Richard M. Norwalk to the buyers Kahn Jamie and Kahn Paul for a price of $2,338,205.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $2,338,205
- Date: June 24, 2022
- Address: 9771 Chianti Classico Ter, Boca Raton, FL
- Buyer: Kahn Jamie; Kahn Paul
- Seller: Richard M. Norwalk
The buyers in this transaction, Kahn Jamie and Kahn Paul, acquired the vacant property from Richard M. Norwalk. The deal closed on June 24, 2022, with a sale price of $2,338,205.
On the Map
$2,338,205
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.78%
Cash-on-Cash
-1.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93