Omar Ortega Sells Industrial Property In Opa-Locka For $4.5M With Brokers Raul Pino, Pablo Vignolo & Junior Ferrer
SOLD
$4,500,000
Florida
See Similar DealsIndustrial28,343 SF
Sold 08/01/2022
SOLD
Omar Ortega Sells Industrial Property In Opa-Locka For $4.5M With Brokers Raul Pino, Pablo Vignolo & Junior Ferrer
13281 Northwest 43rd Avenue
See Similar DealsIndustrial28,343 SF
Sold 08/01/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$158
Total Square Footage:28,343 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
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