Ivan Caballero Acquires Industrial Property In Opa-locka For $1.25M
SOLD
$1,250,000
Florida
See Similar DealsIndustrial8,495 SF
Sold 10/21/2021
SOLD
Ivan Caballero Acquires Industrial Property In Opa-locka For $1.25M
3827 Northwest 125th Street, Opa-locka, FL, USA
See Similar DealsIndustrial8,495 SF
Sold 10/21/2021
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$147
Total Square Footage:8,495 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65
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