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13664 Quarter Horse Trail, ...

Mary Ann Adolf And Ruediger “Rudy” Adolf Acquire Single Family Property In Wellington For $13.5M
SOLDSingle Family Residence

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

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

Carol Sollak

Engel & Völkers

Broker

$64.9M

vol

7 deals

Broker

Wellington Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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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