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15241 Northwest 33rd Place

MG APEX Group LLC Acquires Industrial Property In Opa Locka For $2.16M From KSM Airport Properties Inc
SOLDIndustrial

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

Markos Bertolotti

Fausto Commercial Realty Consultants

Broker

$54.5M

vol

12 deals

Broker

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