Christopher Capozzoli Acquires Retail Property On Gun Club Road In West Palm Beach For $2.4M
4575 Gun Club Road
$2,400,000
Building Size
—
Asset Type
Retail
Closing
Feb 24, 2023
About this deal
AI
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.
On the Map
$2,400,000
Retail
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Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93