Marcos Gasiebayle Acquires Industrial Kitchen In Opa Locka For $1.3M
SOLD
$1,300,000
Florida
See Similar DealsIndustrial3,019 SF
Sold 01/31/2023
SOLD
Marcos Gasiebayle Acquires Industrial Kitchen In Opa Locka For $1.3M
3839 & 3845 Nw 125th St
See Similar DealsIndustrial3,019 SF
Sold 01/31/2023
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$430
Total Square Footage:3,019 SF
Transaction Type:Sale
An industrial kitchen located at 3839 & 3845 NW 125th St in Opa Locka has been sold for $1,300,000. The property spans 3,019 square feet, resulting in a price per square foot of $431.
Summary of transaction details
- Property Type: Industrial Kitchen
- Transaction Amount: $1,300,000
- Address: 3839 & 3845 NW 125th St, Opa Locka
- Market: Opa Locka
- Buyer: Marcos Gasiebayle
- Seller: Efraim Brody & Gitel Braude
- Buyer's Rep: Camilo Franco - Cornerstone International Realty
- Seller's Rep: Elias Patsalos - Agora Real Estate Group
- Square Footage: 3,019
- Price per Square Foot: $431
The buyer in this transaction was Marcos Gasiebayle, represented by Camilo Franco from Cornerstone International Realty. The seller, Efraim Brody & Gitel Braude, was represented by Elias Patsalos from Agora Real Estate Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96
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