Updated Dec 21, 2023
Douglas O'Donnell Acquires Opa Locka Warehouse For $3M
12900 Northwest 38th Avenue, Opa Locka, Florida 33054, United States
$3,000,000
$134/SF
Building Size
22,287 SF
Asset Type
Industrial
Closing
May 5, 2022
About this deal
AI
A warehouse located at 12900 NW 38th Ave in Opa Locka, FL has been sold in a recent transaction. The property spans 22,287 square feet and was sold at a price of $3,000,000, resulting in a price per square foot of $134. The sale took place on 05/06/2022.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $3,000,000
- Square Footage: 22,287
- Price per Square Foot: $134
- Address: 12900 NW 38th Ave, Opa Locka, FL
- Market: Opa Locka, FL
The buyer in this transaction is Douglas O'Donnell, while the seller is Rubin Rose. Both parties were represented by their respective brokers.
On the Map
$3,000,000
$134/SF
Industrial
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Opa-locka 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93