Updated Dec 20, 2023
Joshua R. Lochner Acquires Warehouse In Coral Springs, FL For $2.4M
12489 Northwest 44th Street, Coral Springs, Florida 33065, United States
$2,425,000
Building Size
—
Asset Type
Industrial
Closing
Sep 12, 2022
About this deal
AI
A warehouse located at 12489 NW 44th St in Coral Springs, FL has been sold for $2,425,000. The transaction took place on September 13, 2022. The property is classified as a warehouse facility.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $2,425,000
The buyer of the warehouse is Joshua R. Lochner, while the seller is Pompiliu Coroiu.
The industrial sale at 12489 Northwest 44th Street, Coral Springs, Florida 33065, United States in Coral Springs, Florida sold for $2.4M in 2022. 12489 Northwest 44th Street, Coral Springs, Florida 33065, United States is classified as Industrial on Traded. This page is the Coral Springs, Florida file for the 12489 Northwest 44th Street, Coral Springs, Florida 33065, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Coral Springs sit in the Market section below. Filter that Coral Springs industrial set by closing date to see what else sold near 12489 Northwest 44th Street, Coral Springs, Florida 33065, United States around 2022. Published consideration for 12489 Northwest 44th Street, Coral Springs, Florida 33065, United States is $2.4M, dated 2022. Cite this Joshua R. Lochner Acquires Warehouse In Coral Springs, FL For $2.4M sale when underwriting similar industrial product around Coral Springs, Florida.
Players
Coral Springs 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
6.54%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93