Updated Dec 20, 2023
Randall P Fiorenza Acquires Industrial Property In Lake Worth, FL For $10.3M
5141 Lasso Way, Lake Worth, Florida 33449, United States
$10,300,000
$3,973/SF
Building Size
2,592 SF
Asset Type
Industrial
Closing
Nov 10, 2022
About this deal
AI
The industrial property located at 5141 Lasso Way in Lake Worth, FL has been sold for a price of $10,300,000. The property spans a total area of 2,592 square feet, resulting in a price per square foot of $3,973.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,300,000
- Address: 5141 Lasso Way, Lake Worth, FL
- Market: Lake Worth, FL
- Buyer: Randall P Fiorenza
- Seller: Visse M. Wedell
- Price per Square Foot: $3,973
The buyer of the property was Randall P Fiorenza, while the seller was Visse M. Wedell.
On the Map
$10,300,000
$3,973/SF
Industrial
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Players
Lake Worth 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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93