Updated Sep 9, 2024
William Ryan Acquires Industrial Property In Deerfield Beach For $1.55M
1241 Southwest 34th Avenue
$1,553,800
$51/SF
Building Size
30,000 SF
Asset Type
Industrial
Closing
Feb 21, 2023
About this deal
AI
An industrial property located at 1241 Southwest 34th Avenue in Deerfield Beach has been sold in a recent transaction. The property spans 30,000 square feet and was sold for a total price of $1,553,800, resulting in a price per square foot of $52.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,553,800
- Address: 1241 Southwest 34th Avenue, Deerfield Beach
- Market: Deerfield Beach
The buyer of the property is William Ryan, while the seller is Patrick Damico. The deal was facilitated by the brokers Noah Ohayon and Larry Genet from CBRE.
On the Map
$1,553,800
$51/SF
Industrial
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Players
Market 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
10.21%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93