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1377 Hammondville Rd, Pompa...

Imperium Capital Acquires Industrial Property In Pompano Beach For $5.5M
SOLDIndustrial

Imperium Capital Acquires Industrial Property In Pompano Beach For $5.5M

1377 Hammondville Rd, Pompano Beach, Florida 33069, United States

$5,500,000

Building Size

Asset Type

Industrial

Closing

Feb 13, 2022

AI

The property asset involved in this transaction is located at 1377 Hammondville Road in Pompano Beach. This industrial asset encompasses 3.2 acres and was sold for $5,500,000, with a price per acre of 1,718,750.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,500,000
  • Acres: 3.2
  • Price per Acre: 1,718,750
  • Buyer: Imperium Capital
  • Buyer Representatives: Daniel Glaser & Sam Schneider
  • Seller: Forum Capital Partners
  • Broker: Ted Konigberg - Infinity Commercial

In this transaction, Imperium Capital was represented by Daniel Glaser and Sam Schneider, highlighting the involvement of key personnel in the acquisition process. The broker facilitating the sale was Ted Konigberg from Infinity Commercial, emphasizing the professional representation provided throughout the transaction.

Players

Ted Konigberg

Broker

$5.5M

vol

1 deal

Broker
Sam Schneider

Sam Schneider

Imperium Capital

Buyer

$76.9M

vol

15 deals

Buyer
FP
Forum Capital PartnersSeller

Pompano 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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93