KODA Acquires Industrial Property In Opa Locka For $8M
14705 NW 25th Ct Opa-locka, FL 33054, USA
$8,000,000
$163/SF
Building Size
48,846 SF
Asset Type
Industrial
Closing
Sep 11, 2023
AI
The industrial property located at 14705 Northwest 25th Court in Opa Locka has been sold in a transaction. The property spans a total area of 48,846 square feet and was purchased for a total price of $8,000,000, resulting in a price per square foot of $164.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Square Footage: 48,846
- Address: 14705 Northwest 25th Court
- Market: Opa Locka
The buyer in this transaction is KODA, while the seller is Nico Cohen. The deal was facilitated by the CBRE team, consisting of brokers Noah Ohayon, Larry Genet, Tom O'Loughlin, and Zack Krawiec.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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