631 U.S. Highway One, Ste. 200
North Palm Beach, FL
Office for Sale - 62,858 Sq. Ft. on 1567 acres
Property Info
CIMLS# | 824622 |
Location 631 U.S. Highway One, Ste. 200 North Palm Beach FL 33408 | |
Updated | August 24th, 2015 |
Type | Office |
Price | Upon Request |
Building | 62,858 Sq. Ft. |
Land | 1567 acres |
Property Description
Office condominium in prime building on major street in North Palm Beach. Five offices, reception in beautiful atrium building.
Financials
ACQUISITION COSTS
Purchase Price, Points and Closing Costs $500,000
Investment - Cash $500,000
INVESTMENT INFORMATION
Purchase Price $500,000
Price per Tenant $500,000
Price per Sq. Ft. $319.08
INCOME, EXPENSES & CASH FLOW
Gross Scheduled Income $29,772
Total Vacancy and Credits $0
Operating Expenses $0
Net Operating Income $29,772
Debt Service $0
Cash Flow Before Taxes $29,772
FINANCIAL INDICATORS
Cash on Cash Return Before Taxes 5.95%
Debt Coverage Ratio N/A
Capitalization Rate 5.95%
Gross Income / Square Feet $19.00