Updated Dec 19, 2023
Douglas O'Donnell Purchases Warehouse In Opa Locka, FL For $7.65M
13001 Northwest 38th Avenue, Opa Locka, Florida 33054, United States
$7,650,000
$137/SF
Building Size
55,696 SF
Asset Type
Industrial
Closing
May 5, 2022
About this deal
AI
The warehouse located at 13001 NW 38th Ave in Opa Locka, FL, has been sold for a price of $7,650,000. The property spans an area of 55,696 square feet, resulting in a price per square foot of $137.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $7,650,000
- Address: 13001 NW 38th Ave, Opa Locka, FL
- Market: Opa Locka, FL
The buyer of the property is Douglas O'Donnell, while the seller is Jason Rubin.
The industrial sale at 13001 Northwest 38th Avenue, Opa Locka, Florida 33054, United States in Opa Locka, Florida sold for $7.7M in 2022. The building is 55,696 square feet, implying about 137 per square foot on the published price. Named participants on the 13001 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 13001 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 13001 Northwest 38th Avenue, Opa Locka, Florida 33054, United States around 2022. Published consideration for 13001 Northwest 38th Avenue, Opa Locka, Florida 33054, United States is $7.7M, dated 2022. Cite this Douglas O'Donnell Purchases Warehouse In Opa Locka, FL For $7.65M sale when underwriting similar industrial product around Opa Locka, Florida.
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
2.07%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93