Efraim Brody & Gitel Braude Acquire Warehouse/Industrial In Opa Locka, FL For $2.6M
1020 Ali Baba Avenue, Opa Locka, Florida 33054, United States
$2,623,650
Building Size
—
Asset Type
Industrial
Closing
Aug 10, 2022
AI
A warehouse/industrial property located at 1020 Ali Baba Ave & 1040 Ali Baba Ave in Opa Locka, FL has been sold for $2,623,650. The transaction took place on August 11, 2022. The property's characteristics include a total of # square footage and is situated in the market of Opa Locka, FL. The buyer of the property is Efraim Brody & Gitel Braude, while the seller is Fernando A. Nin Sr.
Summary of transaction details
- Property Type: Warehouse/Industrial
- Transaction Amount: $2,623,650
- Date: August 11, 2022
- Address: 1020 Ali Baba Ave & 1040 Ali Baba Ave, Opa Locka, FL
- Buyer: Efraim Brody & Gitel Braude
- Seller: Fernando A. Nin Sr
Efraim Brody & Gitel Braude, along with Fernando A. Nin Sr, represented themselves in the transaction as the buyer and seller, respectively.
Players
Opa Locka Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.05%
Cash-on-Cash
-1.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93