Ivan Caballero Acquires Industrial Property In Opa-locka For $1.25M
3827 Northwest 125th Street, Opa-locka, FL, USA
$1,250,000
$147/SF
Building Size
8,495 SF
Asset Type
Industrial
Closing
Oct 21, 2021
AI
The industrial property located at 3827 & 3833 NW 125 Street in Opa-locka has been sold. The transaction took place on October 21, 2021. The property, with a total square footage of 8,495, was listed for sale at an asking price of $1,250,000. The buyer, Ivan Caballero, acquired the property from the seller, Aleksandra Portugese Ecegaraje, for the same sale price of $1,250,000. The transaction was facilitated by Camilo Franco from Cornerstone International Realty.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Address: 3827 & 3833 NW 125 Street, Opa-locka
- Market: Opa-locka
Camilo Franco from Cornerstone International Realty played a crucial role in representing the buyer, Ivan Caballero, in this industrial property transaction.
Players
Opa Locka 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93