Evan & Ryan Mouhalis Purchase Retail Property In Boynton Beach For $2.8M
8801 West Boynton Beach Boulevard
$2,800,000
$807/SF
Building Size
3,469 SF
Asset Type
Retail
Closing
Apr 10, 2024
About this deal
AI
The retail property located at 8801 West Boynton Beach Boulevard in Boynton Beach was sold for $2,800,000. Spanning 3,469 square feet, the property was purchased at a price per square foot of $807.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,800,000
- Buyer: Evan Mouhalis & Ryan Mouhalis
- Seller: Jean Pftman
- Brokers: Michael Talbert, Jarett Zackman & Chas Moody - Horvath & Tremblay
- Address: 8801 West Boynton Beach Boulevard, Boynton Beach
- Market: Boynton Beach
- SF: 3,469
- PPSF: $807
The transaction was facilitated by brokers Michael Talbert, Jarett Zackman, and Chas Moody from Horvath & Tremblay, with the buyers being Evan Mouhalis and Ryan Mouhalis, and the seller being Jean Pftman.
On the Map
$2,800,000
$807/SF
Retail
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Players
Boynton Beach 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93