Updated Sep 9, 2024
James Robbins & Gerald Dagen Acquire Industrial Property In Pompano Beach For $9.4M
1751 West Copans Road
$9,400,500
$108/SF
Building Size
86,441 SF
Asset Type
Industrial
Closing
Jan 31, 2023
About this deal
AI
The industrial property located at 1751 West Copans Road in Pompano Beach has been sold in a recent transaction. The property spans 39,396 square feet and was sold for a price of $9,400,500, resulting in a price per square foot of $239. The transaction took place on January 31, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $9,400,500
- Address: 1751 West Copans Road, Pompano Beach
- Market: Pompano Beach
The buyers of the property are James Robbins and Gerald Dagen. The seller, on the other hand, is . The deal was facilitated by broker Jason Abitbol from APEX Capital Realty.
Market 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
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93