William Di Scipio Acquires Industrial Property In Opa Locka For $5M
SOLD
$5,000,000
Florida
See Similar DealsIndustrial19,481 SF
Sold
SOLD
William Di Scipio Acquires Industrial Property In Opa Locka For $5M
4380 Northwest 128th Street
See Similar DealsIndustrial19,481 SF
Sold
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$256
Total Square Footage:19481 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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