Jared Kushner & Ivanka Trump Acquire Indian Creek SFR For $24M
SOLD
Florida
See Similar DealsSingle Family Residence8,510 SF
Sold 04/01/2020
SOLD
Jared Kushner & Ivanka Trump Acquire Indian Creek SFR For $24M
Indian Creek, FL, USA
See Similar DealsSingle Family Residence8,510 SF
Sold 04/01/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,820
Total Square Footage:8,510 SF
Transaction Type:Sale
Jared Kushner and Ivanka Trump have purchased a Single Family Residence (SFR) property in Indian Creek. The property covers 1.3 acres and was sold in April 2021. The sale was facilitated by Rafael Arias of One Sotheby's International Realty, representing the seller.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $24,000,000
- Market: Indian Creek
- Acres: 1.3
- Square Footage: 8,510
- Price per Square Foot: $2,820
The buyer's representatives in this transaction were Tal Alexander and Oren Alexander from Alexander Team at Douglas Elliman.
Please note that no further details or additional information were provided.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,279,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$85,266.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$113,772.24
Annual Debt Service$1,365,266.93
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