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1027 Northeast 46th Court

Daymond John Purchases Industrial Property In Oakland Park For $489,000 With Seller's Rep Natalie Jamal
SOLDIndustrial

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

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.

Players

Natalie Jamal

Compass

Broker

$4.3M

vol

3 deals

Broker

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