SOLD
Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M
519 NE 34th St
Building Size
—
Asset Type
—
Closing
Aug 18, 2022
About this deal
AI
The industrial property located at 519 NE 34th St in Oakland Park has been sold for a total price of $2,295,000. The property spans over 11,956 square feet, resulting in a price per square foot of $192. The transaction took place on 08/18/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,295,000
- Address: 519 NE 34th St, Oakland Park
- Market: Oakland Park
- Buyer: Eitan Holder
- Seller: Corey Schwartz - New Rock Partners
- Broker: Josh Rosa - Metro 1 Commercial
Eitan Holder was the buyer of the property, while Corey Schwartz, representing New Rock Partners, was the seller. The transaction was facilitated by Josh Rosa from Metro 1 Commercial.
For more off-market opportunities, interested parties can directly reach out to Metro 1 Commercial at the following email addresses: [email protected], [email protected], [email protected].
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93