Updated Dec 21, 2023
Emilio Lamanna Acquires Manufacturing/Processing Facility In Pompano Beach
1440 Southwest 28th Avenue, Fort Lauderdale, Florida 33312, United States
$6,425,000
$370/SF
Building Size
17,342 SF
Asset Type
Industrial
Closing
Mar 30, 2022
About this deal
AI
The manufacturing/processing property located at 1440 SW 28th Ave in Pompano Beach, FL has been sold for a total price of $6,425,000. The property spans over 17,342 square feet, resulting in a price per square foot of $370.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $6,425,000
- Square Footage: 17,342
- Price per Square Foot: $370
- Address: 1440 SW 28th Ave, Pompano Beach, FL
- Market: Pompano Beach, FL
The buyer of the property is Emilio Lamanna, and the seller is Jeff Roschman.
Players
Fort Lauderdale 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
2.47%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93