RL Capital LLC Acquires Industrial Property In Mangonia Park For $5.72M
SOLD
$5,720,000
Florida
See Similar DealsIndustrial43,674 SF
Sold 06/18/2020
SOLD
RL Capital LLC Acquires Industrial Property In Mangonia Park For $5.72M
1715 Tiffany Drive East, Mangonia Park, FL, USA
See Similar DealsIndustrial43,674 SF
Sold 06/18/2020
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$131
Total Square Footage:43,674 SF
Transaction Type:Sale
A industrial property located at 1715 E Tiffany Drive in Mangonia Park was recently sold for $5,720,000. The property spans 43,674 square feet, resulting in a price per square foot of $130. The transaction took place on June 18, 2020. The buyer of the property was RL Capital LLC, while the seller was Gulfstream Goodwill.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,720,000
- Address: 1715 E Tiffany Drive
- Market: Mangonia Park
- Square Footage: 43,674
- Price per Square Foot: $130
The deal was facilitated by CBRE, with Robert Smith, Kirk Nelson, and Jeffrey Kelly acting as the brokers representing both the buyer (RL Capital LLC) and the seller (Gulfstream Goodwill).
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$305,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,321.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,115.72
Annual Debt Service$325,388.62
Is there something missing? Send suggestions