Dan Deitchman & Koby Assaraf Acquire Industrial Property In Oakland Park For $3.9M
SOLD
$3,900,000
Florida
See Similar DealsIndustrial21,385 SF
Sold 01/12/2021
SOLD
Dan Deitchman & Koby Assaraf Acquire Industrial Property In Oakland Park For $3.9M
3472 Northeast 5th Avenue, Oakland Park, FL, USA
See Similar DealsIndustrial21,385 SF
Sold 01/12/2021
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$182
Total Square Footage:21,385 SF
Transaction Type:Sale
The industrial property located at 3472 Northeast 5th Avenue & 519 Northeast 34th Street in Oakland Park has been sold. The property was purchased by Dan Deitchman and Koby Assaraf for a price of $3,900,000. The transaction took place on January 12, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,900,000
- Buyer: Dan Deitchman & Koby Assaraf
- Market: Oakland Park
- Address: 3472 Northeast 5th Avenue & 519 Northeast 34th Street
It is worth noting that Dan Deitchman and Koby Assaraf were the buyers in this transaction. They acquired the industrial property in Oakland Park for the specified price of $3,900,000.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$208,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88
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