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Christopher Capozzoli Acquires Retail Property On Gun Club Road In West Palm Beach For $2.4M

Property Image
SOLD
$2,400,000
Matthew Albregts
Jonathan De La Rosa
Yoram Izhak
+ 1

Florida

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Retail
Sold 02/24/2023
the dealplayerscompscontact
Property Image
SOLD

Christopher Capozzoli Acquires Retail Property On Gun Club Road In West Palm Beach For $2.4M

4575 Gun Club Road

See Similar Deals
Retail
Sold 02/24/2023
Matthew Albregts
Jonathan De La Rosa
Yoram Izhak
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Transaction Type:Sale

4575 Gun Club Road, located in West Palm Beach, has been sold in a retail transaction. The property was purchased by Christopher Capozzoli from Yoram Izhak at a sale price of $2,400,000. The deal was facilitated by brokers Jonathan De La Rosa and Matthew Albregts from Marcus & Millichap.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,400,000
  • Buyer: Christopher Capozzoli
  • Seller: Yoram Izhak
  • Brokers: Jonathan De La Rosa - Marcus & Millichap
    Matthew Albregts - Marcus & Millichap

Christopher Capozzoli has acquired the retail property located at 4575 Gun Club Road in West Palm Beach from Yoram Izhak. The transaction was facilitated by brokers Jonathan De La Rosa and Matthew Albregts from Marcus & Millichap.

Players

Jonathan De La Rosa
Marcus & Millichap
Jonathan De La Rosa
141 deals$628.7M volume(786) 522-7027
BROKER
Matthew Albregts
Marcus & Millichap
Matthew Albregts
25 deals$99.6M volume(305) 793-2826
BROKER
Yoram Izhak
Yoram Izhak
19 deals$457.7M volume
BROKER
CC
Christopher M. Capozzoli
2 deals$24M volume
BUYER

Details

SOLD
IMAGE: Matthew Albregts, Jonathan De La Rosa & Yoram Izhak DATE: 02/24/2023 ADDRESS: 4575 Gun Club Road MARKET: West Palm Beach ASSET TYPE: Retail BUYER: Christopher Capozzoli SELLER: Yoram Izhak BROKERS: Jonathan De La Rosa (@J_ldr_) & Matthew Albregts (@Matt_albregts) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $2,400,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69