SOLDIndustrial
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
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.
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