Updated Oct 29, 2024
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
About this deal
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
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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