Edison Vasquez & Michaela Senior Of ComReal Acquire Industrial Property In Opa Locka For $8M
14705 NW 25th Ct Opa-locka, FL 33054, USA
$8,000,000
$145/SF
Building Size
55,012 SF
Asset Type
Industrial
Closing
Sep 11, 2023
AI
The industrial property located at 14705 Northwest 25th Court in Opa Locka has been sold. The transaction took place on 09/11/2023 and the property was purchased for a total price of $8,000,000. The property spans an area of 55,012 square feet, resulting in a price per square foot of $145.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Address: 14705 Northwest 25th Court
- Market: Opa Locka
- Square Footage: 55,012
Nico Cohen acted as the seller in this transaction. The buyer's representatives were Edison Vasquez and Michaela Senior from ComReal.
Players
Market 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93