Blue Ring Plastics LLC Acquires Industrial Property In Opa-Locka For $2.3M
4600 NW 128th St, Opa-locka, FL, USA
$2,300,000
$69/SF
Building Size
32,897 SF
Asset Type
Industrial
Closing
Apr 19, 2020
AI
Blue Ring Plastics LLC has acquired an industrial property located at 4600 NW 128th St in Opa-Locka. The transaction took place on April 20, 2020, with Brain Power Investments LLC selling the asset. The property spans 32,897 square feet and is situated in the Opa-Locka market.
Summary of Transaction Details:
- Property Type: Industrial
- Sale Price: $2,300,000
- Price per Square Foot: $69
- Address: 4600 NW 128th St, Opa-Locka
- Market: Opa-Locka
The deal was facilitated by Matthew Rotolante and Conner Milford from Lee & Associates, who represented both parties in the transaction.
Players
Opa-Locka 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93