Blue Ring Plastics LLC Acquires Industrial Property In Opa-Locka For $2.3M
SOLD
$2,300,000
Florida
See Similar DealsIndustrial32,897 SF
Sold 04/20/2020
SOLD
Blue Ring Plastics LLC Acquires Industrial Property In Opa-Locka For $2.3M
4600 NW 128th St, Opa-locka, FL, USA
See Similar DealsIndustrial32,897 SF
Sold 04/20/2020
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$69
Total Square Footage:32,897 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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