Asi Cabessa Acquires Industrial Property In Deerfield Beach For $900,000
SOLD
$900,000
Florida
See Similar DealsIndustrial7,500 SF
Sold
SOLD
Asi Cabessa Acquires Industrial Property In Deerfield Beach For $900,000
1341 Southwest 1st Way, Deerfield Beach, FL, USA
See Similar DealsIndustrial7,500 SF
Sold
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$120
Total Square Footage:7500 SF
Transaction Type:Sale
The industrial property located at 1341-1369 SW 1st Way in Deerfield Beach has been sold for a price of $900,000. The property spans across 7,500 square feet and has a price per square foot of $120. The transaction took place on 10/06/2021. The buyer of the property is Asi Cabessa and the seller is Ethel McClendon. Juda Hersh from ONE Commercial Real Estate represented both parties in this deal.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $900,000
- Address: 1341-1369 SW 1st Way, Deerfield Beach
- Market: Deerfield Beach
Juda Hersh from ONE Commercial Real Estate played a crucial role as the broker for both the buyer and the seller in this transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$48,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,197.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,266.46
Annual Debt Service$51,197.51
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