Updated Oct 28, 2024
Scott A. Frank Acquires Industrial Property In Pompano Beach For $3.2M
1200 NW 15th Ave, Pompano Beach, FL, USA
$3,200,000
$148/SF
Building Size
21,585 SF
Asset Type
Industrial
Closing
Apr 21, 2021
About this deal
AI
The industrial property located at 1200 NW 15th Ave in Pompano Beach has been sold in a recent transaction. The property spans 21,585 square feet and was sold for a price of $3,200,000, resulting in a price per square foot of $148.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,200,000
- Square Footage: 21,585
- Address: 1200 NW 15th Ave, Pompano Beach
- Market: Pompano Beach
Scott A. Frank was the buyer in this transaction, while Vermiculite Specialty LLC acted as the seller.
Players
Pompano Beach 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93