Alex Redfearn Of Redfearn Capital Acquisitions Purchases Industrial Property In Naples For $2.5M
1447 Rail Head Boulevard
$2,500,000
$162/SF
Building Size
15,428 SF
Asset Type
Industrial
Closing
Jun 16, 2025
AI
The asset involved in this transaction is an industrial property located at 1447 Rail Head Boulevard in Naples. The sale price for the property was $2,500,000, with a total square footage of 15,428, resulting in a price per square foot of $162.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $2,500,000
- Address: 1447 Rail Head Boulevard
- Market: Naples
- Square Footage: 15,428
- Price Per Square Foot: $162
- Buyer: Alex Redfearn - Redfearn Capital Acquisitions
- Seller: Lester Krupp
- Buyer’s Representatives: Zach Levine & Doug Mandel - Marcus & Millichap
The key individuals involved in this transaction include Alex Redfearn, who represented the buyer through Redfearn Capital Acquisitions, and Lester Krupp, the seller. The buyer was represented by brokers Zach Levine and Doug Mandel from Marcus & Millichap.
Players
Naples 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93