Gulf Coast Charter Academy Acquires Property From Royal Palm Builders For $7.25M In Naples
215 Airport Pulling Rd N, Naples, FL, 3...
$7,250,000
$180/SF
Building Size
40,288 SF
Asset Type
School
Closing
Nov 19, 2023
AI
215 Airport Pulling Rd N, Naples, FL, is the property involved in this transaction, priced at $7,250,000.00. The asset encompasses a total square footage of 40,288 square feet and is situated within the Naples market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $7,250,000.00
- Address: 215 Airport Pulling Rd N, Naples, FL
- Market: Naples
- Buyer: Gulf Coast Charter Academy
- Seller: Royal Palm Builders
- Buyer's Representative: Joe Jamieson - Paradise Realty
- Seller's Representative: David Stevens
The transaction features Gulf Coast Charter Academy as the buyer, represented by Joe Jamieson from Paradise Realty, while Royal Palm Builders is the seller. David Stevens serves as the seller's representative in this deal, ensuring the transaction's smooth progression.
Players
Naples School Market Snapshot
Boundary boundary · School · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93