Updated Dec 19, 2023
Xin Feng Huang, Xin Qing Huang, And Feng Li Huang Acquire Industrial Property In Pompano Beach For $3.25M
1401 SW 8th St, Pompano Beach, FL, USA
$3,250,000
$112/SF
Building Size
28,832 SF
Asset Type
Industrial
Closing
Mar 7, 2021
About this deal
AI
The industrial property located at 1401 SW 8th St in Pompano Beach has been sold. The transaction took place on 03/08/2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,250,000
- Square Footage: 28,832
- Price per Square Foot: $113
- Address: 1401 SW 8th St, Pompano Beach
The buyers, Xin Feng Huang, Xin Qing Huang, and Feng Li Huang, acquired the property from the sellers, Charles and Joani Bogus. The deal was finalized at a price of $3,250,000, with a total square footage of 28,832 and a price per square foot of $113.
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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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93