Asi Cabessa Acquires Industrial Property In Deerfield Beach For $900,000
1341 Southwest 1st Way, Deerfield Beach, FL, USA
$900,000
$120/SF
Building Size
7,500 SF
Asset Type
Industrial
Closing
Oct 6, 2021
AI
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
Deerfield Beach 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
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93