facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

2297 Lake Avenue Southeast

Hugo Jimenez Purchases Industrial Asset At 2297 Lake Avenue Southeast For $4.31M With Representation From Jordan Beck And Doug Mandel
SOLDIndustrial

Hugo Jimenez Purchases Industrial Asset At 2297 Lake Avenue Southeast For $4.31M With Representation From Jordan Beck And Doug Mandel

2297 Lake Avenue Southeast

$4,310,000

$133/SF

Building Size

32,415 SF

Asset Type

Industrial

Closing

Jul 1, 2025

AI

The industrial asset located at 2297 Lake Avenue Southeast in Largo was sold for $4,310,000. It comprises a total area of 32,415 square feet, leading to a per square foot price of $132.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,310,000
  • Buyer: Hugo Jimenez
  • Seller: Jarred Elmar - Geneva Group
  • Buyer's Representative: Jordan Beck - Berger Commercial Realty
  • Seller's Representative: Doug Mandel - Marcus & Millichap

This transaction highlights the roles of the individuals involved, with Jordan Beck representing the buyer and Doug Mandel acting on behalf of the seller, facilitating the deal between these parties.

Players

Douglas K. Mandel

Marcus & Millichap

Broker

$1.1B

vol

72 deals

Broker
GG
Geneva GroupSeller

Largo Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.68%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93