Updated Oct 28, 2024
Criterion Group Acquires Industrial Property In Pompano Beach From Yoram Izhak For $16M
33 Northwest 33rd Street, Pompano Beach, FL, USA
$16,000,000
Building Size
—
Asset Type
Industrial
Closing
Nov 15, 2021
About this deal
AI
The industrial property located at 33 Northwest 33rd Street in Pompano Beach has been sold. The transaction took place on November 15, 2021, with a sale price of $16,000,000. The property is owned by Yoram Izhak and was purchased by Criterion Group, represented by Yung Ching Siu.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,000,000
- Address: 33 Northwest 33rd Street, Pompano Beach
- Market: Pompano Beach
Yoram Izhak sold the industrial property to Criterion Group, with Yung Ching Siu representing the buyer. The deal was successfully closed, resulting in the transfer of ownership.
On the Map
$16,000,000
Industrial
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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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93