Updated Dec 18, 2023
Joseph Nastasi Acquires Warehouse In Pompano Beach For $3.65M
2821 Center Port Circle, Pompano Beach, Florida 33064, United States
$3,650,000
$215/SF
Building Size
16,913 SF
Asset Type
Industrial
Closing
Feb 22, 2022
About this deal
AI
A warehouse located at 2821 Center Port Cir in Pompano Beach, FL was recently sold in a transaction on February 23, 2022. The property has a total square footage of 16,913 and was sold for a price of $3,650,000. The price per square foot (PPSF) for this transaction is $216.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $3,650,000
- Square Footage: 16,913
- Address: 2821 Center Port Cir, Pompano Beach, FL
- Market: Pompano Beach, FL
In this transaction, Joseph Nastasi acted as the buyer, while Bruce Pontner and Joel Bondar were the sellers.
Players
Pompano Beach 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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93