Hersh Equity Group Acquires Industrial Property In Pompano Beach For $1.95M
SOLD
$1,950,000
Florida
See Similar DealsIndustrial11,200 SF
Sold 02/02/2023
SOLD
Hersh Equity Group Acquires Industrial Property In Pompano Beach For $1.95M
1225 South Dixie Highway East
See Similar DealsIndustrial11,200 SF
Sold 02/02/2023
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$174
Total Square Footage:11,200 SF
Transaction Type:Sale
The asset involved in the transaction is an industrial property located at 1225 S Dixie Hwy E in Pompano Beach. The sale price was $1,950,000 for a total of 11,200 square feet, resulting in a price per square foot of $174.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,950,000
- Buyer: Hersh Equity Group - Juda Hersh
- Seller: Bob Redsicker
- Date of Sale: 02/02/2023
The buyer in this transaction is represented by Juda Hersh from Hersh Equity Group, while the seller is represented by Bob Redsicker. This transaction reflects the real estate dynamics within the Pompano Beach market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
Is there something missing? Send suggestions