Hu Montague Of Greater & Always Better LLC Acquires Industrial Property In Boca Raton For $2.15M
SOLD
$2,150,000
Florida
See Similar DealsIndustrial4,000 SF
Sold 01/21/2026
SOLD
Hu Montague Of Greater & Always Better LLC Acquires Industrial Property In Boca Raton For $2.15M
2600 Northwest 1st Avenue
See Similar DealsIndustrial4,000 SF
Sold 01/21/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$537
Total Square Footage:4,000 SF
Transaction Type:Sale
The property asset involved in the transaction is an industrial asset located at 2600 Northwest 1st Avenue in Boca Raton. The property was sold for a transaction amount of $2,150,000 and encompasses a total square footage of 4,000 with a price per square foot of $537.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,150,000
- Address: 2600 Northwest 1st Avenue
- Market: Boca Raton
- Square Footage: 4,000
- Price Per Square Foot: $537
- Buyer: Hu Montague - Greater & Always Better, LLC
- Seller: Jeremy Morgado - Twenty Six Hundred, LLC
- Broker: Chad Gottsegen - LRM Advisors
The transaction involved Hu Montague representing Greater & Always Better, LLC as the buyer, while Jeremy Morgado represented Twenty Six Hundred, LLC as the seller. The deal was facilitated by broker Chad Gottsegen from LRM Advisors.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16
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