Estate Of Bob Campbell Sells Bridgehampton Equestrian Compound For $14M
6 West Pond Drive, Bridgehampton, NY, USA
$14,000,000
$16/SF
Building Size
827,640 SF
Asset Type
Other
Closing
Aug 1, 2020
About this deal
AI
The equestrian compound located at 6 West Pond Drive in Bridgehampton was recently sold for $14,000,000. The property, situated on 19 acres of land, is a sprawling Equestrian Compound with various amenities. It features 27 stalls, 14 paddocks, and a 15,000 square foot arena, making it a perfect destination for horse enthusiasts.
Summary of Transaction Details:
- Property Type: Equestrian Compound
- Transaction Amount: $14,000,000
- Address: 6 West Pond Drive
- Market: Bridgehampton
- Acres: 19
The deal was facilitated by brokers Tal Alexander, Oren Alexander, and Sara Goldfarb from Douglas Elliman. They represented the seller, The Estate of Bob Campbell, in this transaction.
This successful sale showcases the demand for premium equestrian properties in the Bridgehampton area. With its numerous stalls, paddocks, and a spacious arena, this compound offers an ideal setting for horse enthusiasts to pursue their passion.
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Water Mill Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93