facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

405 Loomis Avenue

Arthur J. Rockwell Purchases Industrial Property From Albert F. Campbell For $1.35M In Daytona Beach
SOLDIndustrial

Arthur J. Rockwell Purchases Industrial Property From Albert F. Campbell For $1.35M In Daytona Beach

405 Loomis Avenue

$1,350,000

$165/SF

Building Size

8,160 SF

Asset Type

Industrial

Closing

Jul 22, 2024

AI

The property asset involved in the transaction is an industrial building located at 405 Loomis Avenue in Daytona Beach. The sale price for this asset was $1,350,000, encompassing a total of 8,160 square feet of industrial buildings on a 3.66-acre lot, utilized for Outside Storage.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,350,000
  • Square Footage: 8,160
  • Address: 405 Loomis Avenue
  • Market: Daytona Beach
  • Price Per Square Foot: $165
  • Buyer: Arthur J. Rockwell
  • Seller: Albert F. Campbell
  • Broker: Danielle Brennan - Panther Capital Group

The transaction was facilitated by Danielle Brennan from Panther Capital Group, a firm specializing in IOS across the southeastern United States. The firm has access to a large database of off-market properties and represents some of the largest buyers in the industry.

Players

Danielle Brennan

Panther Capital Group

Broker

$1.4M

vol

1 deal

Broker

Daytona Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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