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
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.
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