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The Corcoran Group brokers ...

Simon Lincoln Acquires Single Family Property In Ocean Ridge For $27M
SOLD

Simon Lincoln Acquires Single Family Property In Ocean Ridge For $27M

$27,000,000

Building Size

Asset Type

Closing

Dec 15, 2021

AI

No summary available.

Players

Candace Friis

The Corcoran Group

Broker

$343.3M

vol

14 deals

Broker

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93