Maykel Segui Sells Package Deal Of 57 Homes In West Palm Beach For $14.5M
819 North Sapodilla Avenue
$14,500,000
$193/SF
Building Size
75,000 SF
Asset Type
Package Deal
Closing
Jul 18, 2022
AI
Located at 819 N Sapodilla Avenue in West Palm Beach, this package deal consists of 57 homes. The transaction took place on July 18, 2022, with a sale price of $14,500,000. The total square footage of the properties is 75,000, resulting in a price per square foot of $193.
Summary of transaction details
- Property Type: Package Deal (57 Homes)
- Transaction Amount: $14,500,000
- Address: 819 N Sapodilla Avenue
- Market: West Palm Beach
Maykel Segui was the seller in this deal, with Tarek Kirshen representing the buyer. The seller was represented by Daniel A Lopez from United Dream Real Estate.
Players
West Palm Beach Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93