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13290 Northwest 45th Avenue...

Updated Oct 28, 2024

Longpoint Realty Partners Acquires Industrial Property In Opa-locka, Fl For $21.8M
SOLDIndustrial

Longpoint Realty Partners Acquires Industrial Property In Opa-locka, Fl For $21.8M

13290 Northwest 45th Avenue, Opa-locka, FL 33054, USA

$21,780,000

$110/SF

Building Size

197,005 SF

Asset Type

Industrial

Closing

Jul 28, 2020

About this deal

AI

The industrial property located at 13200, 13260 & 13290 NW 45th Ave in Opa-locka, FL has been sold for a price of $21,780,000. The property spans a total of 197,005 square feet and is situated on 8.8 acres. The sale price per square foot is $111, while the price per acre stands at $2,475,000. The transaction took place on July 28, 2021. The buyer in this deal is Longpoint Realty Partners, represented by Dwight Y. Angelini.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $21,780,000
  • Address: 13200, 13260 & 13290 NW 45th Ave, Opa-locka, FL
  • Square Footage: 197,005
  • Price per Square Foot: $111
  • Acres: 8.8
  • Price per Acre: $2,475,000
  • Market: Opa-locka, FL

Dwight Y. Angelini, representing Longpoint Realty Partners, played a key role in this transaction as the buyer's representative. The deal between the buyer and seller was successfully completed, making it a significant achievement for all parties involved.

Players

Dwight Angelini

Longpoint Realty Partners

Buyer

$1.1B

vol

28 deals

Buyer

Opa Locka Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $110 per square foot on a published $21.8M for 197,005 square feet (2020).

Visit Dwight Angelini to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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