Updated Dec 20, 2023
Vito & Elizabeth Barbaro Acquire Pompano Beach Warehouse For $7.25M
1590 Northwest 27th Avenue, Pompano Beach, Florida 33069, United States
$7,250,000
$1,373/SF
Building Size
5,280 SF
Asset Type
Industrial
Closing
Aug 11, 2022
About this deal
AI
A warehouse located at 1590 NW 27th Ave in Pompano Beach, FL has been sold. The property, with a size of 5,280 square feet, was sold for a price of $7,250,000. The price per square foot was $1,373.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $7,250,000
- Address: 1590 NW 27th Ave, Pompano Beach, FL
- Size: 5,280 square feet
- Price per Square Foot: $1,373
The buyer of the warehouse is Vito Barbaro & Elizabeth Barbaro. They purchased the property from Gregory Mann & Gabrielle Mann.
Players
Pompano Beach 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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93