Crest RE Acquires Industrial Property In Opa Locka, FL For $5.13M
2099 Northwest 141st Street, Opa Locka, FL 33054
$5,130,000
$122/SF
Building Size
42,000 SF
Asset Type
Industrial
Closing
Dec 27, 2021
AI
The industrial property located at 2099 NW 141st St in Opa Locka, FL was recently sold. The transaction took place on 12/27/2021, and the property was purchased for a total of $5,130,000. The property has a total size of 42,000 square feet, resulting in a price per square foot of $122. The buyer of the property is Crest RE, represented by Peter Zuckerman and Robert Lansburgh. The seller of the property is Daniel Hurtak. The deal was facilitated by broker Jake Zebede.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,130,000
- Address: 2099 NW 141st St, Opa Locka, FL
- Market: Opa Locka, FL
- Buyer: Crest RE - Peter Zuckerman, Robert Lansburgh
- Seller: Daniel Hurtak
- Broker: Jake Zebede
The purchase of this industrial property in Opa Locka, FL involved various parties. Crest RE, represented by Peter Zuckerman and Robert Lansburgh, acted as the buyer in the transaction. Daniel Hurtak was the seller of the property. The deal was facilitated by broker Jake Zebede.
Players
Opa Locka 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
3.09%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93