Vybz Kartel Acquires Single Family Home In Parkland For $3,900,000 With Austin Bergman As The Broker
7272 Northwest 62nd Terrace
$3,900,000
$385/SF
Building Size
10,107 SF
Asset Type
Single Family Residence
Closing
May 11, 2026
AI
This single-family property located at 7272 Northwest 62nd Terrace in the Parkland market has a sale price of $3,900,000. The total square footage of the asset is 10,107, resulting in a price per square foot of $385.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,900,000
- Buyer: Vybz Kartel
- Seller: Michelle & Randy Gerlick
- Broker: Austin Bergman - Compass
Austin Bergman represented the seller in this transaction, facilitating the sale of the property to Vybz Kartel, also known as the King Of Dancehall.
Players
Parkland 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93