MAJG Opa Locka Acquires Industrial Property In Opa-locka For $2.575M With Buyer's Rep Camilo Franco & Seller's Rep Diana Abdo Sous
2351 Northwest 147th Street, Opa-locka, Florida 33054, United States
$2,575,000
$135/SF
Building Size
19,044 SF
Asset Type
Industrial
Closing
Feb 27, 2022
AI
The industrial property located at 2351 NW 147th St in Opa-locka has been sold for a price of $2,575,000. The property spans a total area of 19,044 square feet, resulting in a price per square foot of $135. The sale took place on 02/28/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,575,000
- Address: 2351 NW 147th St, Opa-locka
- Market: Opa-locka
The buyer of the property is MAJG Opa Locka represented by Micahel Matatov of Cornerstone International Realty. On the other hand, the seller is Yummyland represented by Niki P Chen-Sem of RE/MAX Consultants Realty 1.
The buyer's representative in the deal is Camilo Franco of Cornerstone International Realty. Similarly, the seller's representative is Diana Abdo Sous of RE/MAX Consultants Realty 1.
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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93