Updated Dec 20, 2023
Rick Hoskins Acquires Industrial Property In Opa Locka For $3.79M
4380 Northwest 128th Street
$3,789,000
$194/SF
Building Size
19,481 SF
Asset Type
Industrial
Closing
Sep 21, 2022
About this deal
AI
An industrial property located at 4380 NW 128th Street in Opa Locka has been sold for a price of $3,789,000. The property spans approximately 19,481 square feet, resulting in a price per square foot of $194. The sale took place on September 22, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,789,000
- Address: 4380 NW 128th Street
- Market: Opa Locka
The buyer in this transaction was Rick Hoskins, and the seller was Niranjana Giri. The deal was facilitated by brokers Sebastian Misiewicz and Benjamin Silver of CBRE.
On the Map
$3,789,000
$194/SF
Industrial
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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
4.19%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93