Updated Dec 21, 2023
Alan M. Levy & Jan Stolow Acquire Industrial Property In Pompano Beach For $3.5M
2050 North Andrews Avenue, Pompano Beach, FL, USA
$3,500,000
$148/SF
Building Size
23,625 SF
Asset Type
Industrial
Closing
Jun 20, 2021
About this deal
AI
The industrial property located at 2050 N Andrews Ave in Pompano Beach has been sold in a closed transaction. The property spans 23,625 square feet and was sold for a price of $3,500,000, resulting in a price per square foot of $148.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 2050 N Andrews Ave, Pompano Beach
- Market: Pompano Beach
- Buyer: Alan M. Levy & Jan Stolow
- Seller: David W. Harris & Elizabeth Hoover
Alan M. Levy and Jan Stolow have acquired the property from David W. Harris and Elizabeth Hoover. No additional details regarding the individuals and companies involved in the transaction are available.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93