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2351 Northwest 147th Street...

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

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

Camilo Franco

Broker

$8.3M

vol

5 deals

Broker

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