Updated Dec 20, 2023
Morty J. Yashar Acquires Industrial Property In Opa Locka For $4M
13200 NW 38th Ct, Opa-locka, FL, USA
$4,000,000
$161/SF
Building Size
24,776 SF
Asset Type
Industrial
Closing
Aug 23, 2021
About this deal
AI
The industrial property located at 13200 NW 38th CT in Opa Locka has been sold in a recent transaction. The property spans a total area of 24,776 square feet and was sold for a price of $4,000,000, resulting in a price per square foot of $161.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Square Footage: 24,776
- Price per Square Foot: $161
- Address: 13200 NW 38th CT, Opa Locka
The buyer of the industrial property is Morty J. Yashar, while the seller is Rene Morales.
Players
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93