Updated Sep 9, 2024
Omar Ortega Sells Industrial Property In Opa-Locka For $4.5M With Brokers Raul Pino, Pablo Vignolo & Junior Ferrer
13281 Northwest 43rd Avenue
$4,500,000
$158/SF
Building Size
28,343 SF
Asset Type
Industrial
Closing
Aug 1, 2022
About this deal
AI
The property involved in this transaction is an industrial asset located at 13281 NW 43rd Ave in Opa-Locka. It was sold by Omar Ortega for a price of $4,500,000. The industrial property spans across 28,343 square feet, resulting in a price per square foot of $159.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Address: 13281 NW 43rd Ave, Opa-Locka
- Market: Opa-Locka
The Hype Real Estate Group represented the seller in this deal. The brokers involved in the transaction were Raul Pino, Pablo Vignolo, and Junior Ferrer. The HYPE Real Estate Group specializes in sourcing off-market deals in industrial, retail, NNN, and multifamily sectors. Their expertise has led them to successfully sell hundreds of millions of dollars in real estate. If you are looking for properties in these sectors, you can reach them at 786-503-5583.
On the Map
$4,500,000
$158/SF
Industrial
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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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93