SOLDIndustrial
Douglas O'Donnell Acquires Manufacturing/Processing Facility In Opa Locka, FL For $6.4M
13000 Northwest 38th Avenue, Opa Locka, Florida 33054, United States
$6,440,500
$117/SF
Building Size
54,900 SF
Asset Type
Industrial
Closing
May 5, 2022
AI
A manufacturing/processing property located at 13000 NW 38th Ave in Opa Locka, FL has been sold. The transaction took place on 05/06/2022.
Summary of transation details
- Property Type: Manufacturing/Processing
- Transaction Amount: $6,440,500
- Address: 13000 NW 38th Ave, Opa Locka, FL
- Market: Opa Locka, FL
- Buyer: Douglas O'Donnell
- Seller: Jason Rubin
- Square Footage: 54,900
- Price per Square Foot: $117
Douglas O'Donnell acted as the buyer in this transaction, while Jason Rubin was the seller.
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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93