Updated Dec 21, 2023
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
About this deal
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.
The industrial sale at 13000 Northwest 38th Avenue, Opa Locka, Florida 33054, United States in Opa-locka, Florida sold for $6.4M in 2022. The building is 54,900 square feet, implying about 117 per square foot on the published price. Named participants on the 13000 Northwest 38th Avenue, Opa Locka, Florida 33054, United States sale are Jason Rubin, Douglas O'Donnell. This page is the Opa-locka, Florida file for the 13000 Northwest 38th Avenue, Opa Locka, Florida 33054, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Opa-locka sit in the Market section below. Filter that Opa-locka industrial set by closing date to see what else sold near 13000 Northwest 38th Avenue, Opa Locka, Florida 33054, United States around 2022. Published consideration for 13000 Northwest 38th Avenue, Opa Locka, Florida 33054, United States is $6.4M, dated 2022. Cite this Douglas O'Donnell Acquires Manufacturing/Processing Facility In Opa Locka, FL For $6.4M sale when underwriting similar industrial product around Opa-locka, Florida.
On the Map
$6,440,500
$117/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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93