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1280 SW 27th Ave Pompano Be...

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

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

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

$7,220,000

$200/SF

Building Size

36,106 SF

Asset Type

Industrial

Closing

Jun 26, 2023

AI

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

AXIOM Capital Advisors

Broker

$872.9M

vol

77 deals

Broker
Alex Sanchez

Alex Sanchez

Longpoint Realty Partners

Buyer

$51M

vol

4 deals

Buyer

Miami 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

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93