SOLDIndustrial
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
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.
Opa Locka Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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