Maroon Partners Acquires Bill Gates' Wellington Single Family Estate For $26M
13945 Quarter Horse Trail, Wellington, Florida 33414, United States
$26,000,000
$2,263/SF
Building Size
11,488 SF
Asset Type
Single Family Residence
Closing
Mar 23, 2022
AI
A single-family property located at 13945 Quarter Horse Trail in Wellington has been sold. The property spans across 5.5 acres in the Wellington market. The transaction took place on March 24, 2022, and the property was purchased by Maroon Partners from the seller, Bill Gates. The notable feature of this property is its size, with a total square footage of 11,488. The sale price for this property was $26,000,000, resulting in a price per square foot of $2,263.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $26,000,000
- Address: 13945 Quarter Horse Trail
- Market: Wellington
- Size: 5.5 acres
- Buyer: Maroon Partners
- Seller: Bill Gates
It is worth mentioning that Jennifer Gates, Bill Gates' daughter, used the estate to train for equestrian events. The property provided her with ample space and amenities to pursue her passion for horseback riding.
Players
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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93