Updated Sep 15, 2025
Kemp Properties Acquires Industrial Asset From Cabessa Property Management For $1.115M In Winter Haven
3545 Recker Highway
$1,115,000
$73/SF
Building Size
15,090 SF
Asset Type
Industrial
Closing
Sep 7, 2025
About this deal
AI
The property asset involved in this transaction is an industrial real estate located at 3545 Recker Highway in Winter Haven, which encompasses a total area of 15,090 square feet. The sale price for this property was $1,115,000, resulting in a price per square foot of $73.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,115,000
- Address: 3545 Recker Highway
- Market: Winter Haven
- Square Footage: 15,090
- Price Per Square Foot: $73
- Buyer: Kemp Properties
- Seller: Cabessa Property Management
- Broker: Tyler Kuhlman - CBRE
The key individuals involved in the deal include Kemp Properties as the buyer and Cabessa Property Management as the seller. The transaction was facilitated by broker Tyler Kuhlman, representing the buyer throughout the process.
On the Map
$1,115,000
$73/SF
Industrial
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Players
Winter Haven 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
14.23%
Cash-on-Cash
-4.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93