Jacobs Real Estate Advisors Acquires Industrial Asset In Winter Haven, FL For $4.25M
300 Ave P SW Winter Haven, FL 33880, USA
$4,250,000
$70/SF
Building Size
60,390 SF
Asset Type
Industrial
Closing
Jul 3, 2023
AI
The industrial property located at 300 Avenue P Southwest in Winter Haven, FL was recently sold in an off-market transaction. The property spans a total area of 60,390 square feet and was sold for a price of $4,250,000, resulting in a price per square foot of $70.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,250,000
- Address: 300 Avenue P Southwest, Winter Haven, FL
- Market: Winter Haven, FL
Jacobs Real Estate Advisors acted as the buyer in this transaction, represented by Sholom Jacobs from the same company. The seller, Friedland Family, was represented by Marc Smouha and David Warren from KSR. It is worth noting that this property is occupied by a credit tenant.
For any similar opportunities, interested parties can reach out to David Warren at [email protected] or Marc Smouha at [email protected].
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93