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
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.
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