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Longpoint Realty Partners Acquires Industrial Property In Pompano Beach For $7.22M

Property Image
SOLD
$7,220,000
Roberto Susi
Eli Sasson Bril
+ 1

Florida

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Industrial36,106 SF
Sold 06/26/2023
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Property Image
SOLD

Longpoint Realty Partners Acquires Industrial Property In Pompano Beach For $7.22M

1280 SW 27th Ave Pompano Beach, FL 33069, USA

See Similar Deals
Industrial36,106 SF
Sold 06/26/2023
Roberto Susi
Eli Sasson Bril
+ 1
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$200
Total Square Footage:36,106 SF
Transaction Type:Sale

An industrial property located at 1280 Southwest 27th Avenue in Pompano Beach has been sold for $7,220,000. The property spans 36,106 square feet, resulting in a price per square foot of $200. The transaction took place on June 26, 2023. The buyer, Longpoint Realty Partners, was represented by Alex Sanchez. The seller was 1280 SW, represented by Cesar Coral. The deal was facilitated by brokers Jose Sasson Lerner, Roberto Susi, and Eli Sasson Bril from AXIOM Capital Advisors.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $7,220,000
  • Square Footage: 36,106 SF
  • Price per Square Foot: $200
  • Address: 1280 Southwest 27th Avenue, Pompano Beach

The involvement of Jose Sasson Lerner, Roberto Susi, and Eli Sasson Bril from AXIOM Capital Advisors highlights their expertise in sourcing and facilitating off-market transactions. For further information or inquiries about similar deals, interested parties can contact Eli Sasson at 786-252-7223 or [email protected], or Jose Sasson at 786-393-8089 or [email protected].

Players

Jose Sasson Lerner
75 deals$827.5M volume(786) 393-8089
BROKER

Roberto Susi
AXIOM Capital Advisors
69 deals$870.7M volume
BROKER

Eli Sasson Bril
AXIOM Capital Advisors
24 deals$253M volume(305) 932-8550
BROKER

Alex Sanchez
Longpoint Realty Partners
4 deals$51M volume
BUYER

Details

SOLD
IMAGE: Roberto Susi, Eli Sasson Bril & Jose Sasson Lerner DATE: 06/26/2023 ADDRESS: 1280 Southwest 27th Avenue MARKET: Pompano Beach ASSET TYPE: Industrial BUYER: Longpoint Realty Partners (@LongpointRealtyPartners) - Alex Sanchez SELLER: 1280 SW - Cesar Coral BROKERS: Jose Sasson Lerner, Roberto Susi (@RSusi29) & Eli Sasson Bril - AXIOM Capital Advisors SALE PRICE: $7,220,000 SF: 36,106 ~ PPSF: $200 NOTE FROM BROKER: We specialize in sourcing and facilitating off-market transactions, please feel free to reach out to Eli Sasson @ 786-252-7223 / [email protected] or Jose Sasson @ 786-393-8089 / [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,651.13
Cash-on-Cash Return-1.27%
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