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

/

4120 Enterprise Avenue

Kyle Grant's Venture One Acquires Industrial Buildings In Naples For $17M
SOLDIndustrial

Kyle Grant's Venture One Acquires Industrial Buildings In Naples For $17M

4120 Enterprise Avenue

$17,000,000

$203/SF

Building Size

83,500 SF

Asset Type

Industrial

Closing

Jan 23, 2024

AI

A Chicago-based private equity firm called Venture One has acquired two industrial buildings in East Naples for a total of $17 million. These buildings, with a combined total of 83,500 square feet, were sold by David & Neil Braverman, who are associated with Naples Industrial Estates LLC.

Summary of transaction details:

  • Property Type: Industrial
  • Sale Price: $17,000,000
  • Square Feet: 83,500
  • Address: 4120 Enterprise Avenue, Naples
  • Market: Naples

Venture One specializes in industrial real estate and has a focus on infill locations. As a private equity firm, they plan to operate the newly acquired properties in accordance with their expertise in the industrial real estate sector.

Players

VO
Venture OneBuyer

Naples 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

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93