Flying Point Acquires Industrial Property In Oakland Park For $2.13M
SOLD
$2,130,000
+ 4
Florida
See Similar DealsIndustrial14,183 SF
Sold 06/07/2022
SOLD
Flying Point Acquires Industrial Property In Oakland Park For $2.13M
4050 Northeast 5th Avenue, Oakland Park, Florida 33334, United States
See Similar DealsIndustrial14,183 SF
Sold 06/07/2022
+ 4
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$150
Total Square Footage:14,183 SF
Transaction Type:Sale
A 14,183 SF industrial property located at 4050 NE 5th Ave & 548 NE 42nd St in Oakland Park, was recently sold for $2,130,000. The property is situated on a 24,865 SF lot. The sale took place on 06/07/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,130,000
- Building Size: 14,183 SF
- Price per Square Foot: $150
- Lot Size: 24,865 SF
- Market: Oakland Park
Flying Point, represented by Sam Genet & Zach Sohn, purchased the property from Dan Quade & Melvin John Haste. The buyer was advised by Yishai Sinai from Biscayne Advisors, while Miguel Pinto & Jason Abitbol from APEX Capital Realty represented the sellers in the deal.
Players
BROKERAGE
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$113,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,567.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,097.29
Annual Debt Service$121,167.44
Is there something missing? Send suggestions