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2490 SW 32nd StFort Lauderd...

Real Estate Sales Force Acquires Industrial Property In Dania Beach For $6.25M
SOLDIndustrial

Real Estate Sales Force Acquires Industrial Property In Dania Beach For $6.25M

2490 SW 32nd StFort Lauderdale, FL 33312

$6,250,000

$44/SF

Building Size

140,615 SF

Asset Type

Industrial

Closing

Jun 27, 2021

AI

Located at 2490 SW 32 St. in Dania Beach, this industrial property was recently sold. The transaction was facilitated by Andy Perez-Cervera from Real Estate Sales Force (RESF). The property spans across 3.23 acres and was sold for $6,250,000, resulting in a price per acre (PPA) of $1,934,985.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,250,000
  • Address: 2490 SW 32 St., Dania Beach
  • Market: Dania Beach

This deal was successfully executed with the assistance of Andy Perez-Cervera, who represents Real Estate Sales Force (RESF). Their expertise and efforts played a pivotal role in the completion of this transaction.

Players

Andres Perez-Cervera

Compass

Broker

$23.9M

vol

8 deals

Broker

Fort Lauderdale 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

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93