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MAJG Opa Locka Acquires Industrial Property In Opa-locka For $2.575M With Buyer's Rep Camilo Franco & Seller's Rep Diana Abdo Sous

Property Image
SOLD
$2,575,000
Diana Abdo Sous
Camilo Franco

Florida

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Industrial19,044 SF
Sold 02/28/2022
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Property Image
SOLD

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

See Similar Deals
Industrial19,044 SF
Sold 02/28/2022
Diana Abdo Sous
Camilo Franco
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$135
Total Square Footage:19,044 SF
Transaction Type:Sale

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

Camilo Franco
Camilo Franco
5 deals$8.3M volume
BROKER
Diana Abdo Sous
Re/Max
Diana Abdo Sous
1 deal$2.6M volume
BROKER

Details

SOLD
IMAGE: Camilo Franco DATE: 02/28/2022 ADDRESS: 2351 NW 147th St MARKET: Opa-locka ASSET TYPE: Industrial BUYER: MAJG Opa Locka - Micahel Matatov SELLER: Yummyland - Niki P Chen-Sem BUYER'S REP: Camilo Franco (@Keemilo) - Cornerstone International Realty SELLER'S REP: Diana Abdo Sous - RE/MAX Consultants Realty 1 ASKING PRICE: $2,900,000 SALE PRICE: $2,575,000 SF: 19,044 ~ PPSF: $135

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$137,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76