William Di Scipio Acquires Industrial Property In Opa Locka For $5M
4380 Northwest 128th Street
$5,000,000
$256/SF
Building Size
19,481 SF
Asset Type
Industrial
Closing
Jan 26, 2024
AI
The industrial property located at 4380 Northwest 128th Street in Opa Locka has been sold for $5,000,000. The property spans a total of 19,481 square feet, resulting in a price per square foot of $257.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 4380 Northwest 128th Street
- Market: Opa Locka
William Di Scipio was the buyer of the property, while Rick Hoskins served as the seller. The seller's representatives were Joel A. Kattan and Anthony Peragine from SVN.
Players
Opa Locka Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93