Updated Oct 28, 2024
Mary Ann Adolf And Ruediger “Rudy” Adolf Acquire Single Family Property In Wellington For $13.5M
13664 Quarter Horse Trail, Wellington, FL, USA
$13,500,000
$2,612/SF
Building Size
5,168 SF
Asset Type
Single Family Residence
Closing
May 25, 2021
About this deal
AI
The single-family property located at 13664 Quarter Horse Trail in Wellington has been sold. The transaction was completed on May 26, 2021, with the buyer being Mary Ann Adolf and Ruediger "Rudy" Adolf, who are associated with Focus Financial Partners. The seller of the property was Elite Equestrian Estates LLC.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,500,000
- Address: 13664 Quarter Horse Trail
- Market: Wellington
Managing the deal, Carol Sollak from Engel & Völkers Wellington represented the parties involved in the transaction. The property spans approximately 5,168 square feet and was sold at an average price per square foot of $2,612. The total land area measures 1.93 acres, with the price per acre standing at $6,994,818.
Players
Wellington Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.6K per square foot on a published $13.5M for 5,168 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93