Updated Oct 28, 2024
Alterra Property Group Acquires Industrial Property In Pompano Beach For $14.3M
1645 Northwest 33rd Street, Pompano Beach, Florida 33064, United States
$14,300,000
$2,049/SF
Building Size
6,978 SF
Asset Type
Industrial
Closing
May 10, 2022
About this deal
AI
An industrial property located at 1645 NW 33rd St in Pompano Beach has been sold for $14,300,000. The property spans across 4.81 acres and has a price per acre of $2,972,973.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $14,300,000
- Address: 1645 NW 33rd St
- Market: Pompano Beach
The buyer of the property is Alterra Property Group, while the seller is Hypower represented by Bernard Paul-Haus. The sale was facilitated by brokers Roberto Susi and Jose Sasson from Axiom Capital Advisors.
Please note that there is no additional information available regarding this transaction.
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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93