Daymond John Purchases Industrial Property In Oakland Park For $489,000 With Seller's Rep Natalie Jamal
SOLD
$489,000
Florida
See Similar DealsIndustrial1,800 SF
Sold 10/31/2024
SOLD
Daymond John Purchases Industrial Property In Oakland Park For $489,000 With Seller's Rep Natalie Jamal
1027 Northeast 46th Court
See Similar DealsIndustrial1,800 SF
Sold 10/31/2024
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$271
Total Square Footage:1,800 SF
Transaction Type:Sale
The property asset involved in this transaction is an industrial space located at 1027 Northeast 46th Court, Oakland Park. The sale price was $489,000, and the property encompasses a total area of 1,800 square feet, resulting in a price per square foot of $271.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $489,000
- Address: 1027 Northeast 46th Court
- Market: Oakland Park
- Square Footage: 1,800
- Price Per Square Foot: $271
- Buyer: Daymond John
- Seller's Representative: Natalie Jamal - Compass
This transaction was represented by Natalie Jamal from Compass, who acted on behalf of the seller in this deal involving Daymond John as the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$26,080.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,737.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,318.11
Annual Debt Service$27,817.31
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