Updated Jun 23, 2025
Pat Carney Purchases Industrial Property From Jarred Elmar For $1.35M In Riviera Beach
3706 E Industrial Ave
$1,350,000
$78/SF
Building Size
17,100 SF
Asset Type
Industrial
Closing
May 1, 2018
About this deal
AI
The property asset involved in this transaction is an industrial space located at 3706 E Industrial Ave in the Riviera Beach market. The transaction was completed for a total amount of $1,350,000.00 and encompasses an area of 17,100 square feet.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $1,350,000.00
- Address: 3706 E Industrial Ave
- Market: Riviera Beach
- Square Footage: 17,100
- Buyer: Pat Carney
- Seller: Jarred Elmar
- Broker: Tyler Kuhlman
This transaction was facilitated by Tyler Kuhlman, who represented the interests of the parties involved, ensuring a smooth negotiation and closing process. The buyer, Pat Carney, and seller, Jarred Elmar, were key individuals in this deal, concluding the sale as per agreement terms.
On the Map
$1,350,000
$78/SF
Industrial
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Players
Riviera 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93