MG APEX Group LLC Acquires Industrial Property In Opa Locka For $2.16M From KSM Airport Properties Inc
15241 Northwest 33rd Place
$2,160,000
$300/SF
Building Size
7,200 SF
Asset Type
Industrial
Closing
Apr 2, 2026
AI
The property asset involved in the transaction is an industrial flex property located at 15241 Northwest 33rd Place, Opa Locka. The facility encompasses 7,200 square feet and is situated on a 0.31-acre lot. It was sold for a total amount of $2,160,000, translating to a price per square foot of $300. The property is zoned I-1 and was originally built in 1988.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,160,000
- Address: 15241 Northwest 33rd Place
- Market: Opa Locka
- Acres: 0.31
- Square Footage: 7,200
- Price per Square Foot: $300
- Buyer: MG APEX Group LLC
- Seller: KSM Airport Properties Inc
- Brokers: Markos Bertolotti & Yuniel De Varona - Fausto Commercial Realty Consultants
- Seller Carry Debt: $1,080,000
The deal featured buyer MG APEX Group LLC acquiring the property from seller KSM Airport Properties Inc. The transaction was facilitated by brokers Markos Bertolotti and Yuniel De Varona from Fausto Commercial Realty Consultants, depicting the collaboration of these key individuals in the successful completion of the sale.
Players
Opa Locka 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
7.34%
Cash-on-Cash
-2.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93