Updated Dec 4, 2024
Daymond John Purchases Industrial Property In Oakland Park For $489,000 With Seller's Rep Natalie Jamal
1027 Northeast 46th Court
$489,000
$271/SF
Building Size
1,800 SF
Asset Type
Industrial
Closing
Oct 31, 2024
About this deal
AI
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.
On the Map
$489,000
$271/SF
Industrial
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Players
Oakland Park 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
32.44%
Cash-on-Cash
-9.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93