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
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