Roland Powell Sells Industrial Property In Opa-locka For $3.4M With Brokers Raul Pino & Junior Ferrer - The Hype Real Estate Group
SOLD
$3,400,000
Florida
See Similar DealsIndustrial25,327 SF
Sold 05/06/2022
SOLD
Roland Powell Sells Industrial Property In Opa-locka For $3.4M With Brokers Raul Pino & Junior Ferrer - The Hype Real Estate Group
14735 Northwest 25th Court, Opa Locka, Florida 33054, United States
See Similar DealsIndustrial25,327 SF
Sold 05/06/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$134
Total Square Footage:25,327 SF
Transaction Type:Sale
Located in Opa-locka, this industrial property at 14735 NW 25th Ct was recently sold for $3,400,000. Spanning an area of 25,327 square feet, the property was listed at a price of $134 per square foot. The sale was completed on 5th June 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,400,000
- Address: 14735 NW 25th Ct
- Market: Opa-locka
Roland Powell was the seller of this property, and the deal was represented by Raul Pino and Junior Ferrer from The Hype Real Estate Group. The Hype Real Estate Group is a commercial brokerage known for sourcing off-market properties and providing accurate pricing for investors and owner users. If you're interested in similar opportunities, reach out to Raul Pino and Junior Ferrer from The Hype Real Estate Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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