Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M
SOLD
Florida
See Similar DealsIndustrial11,956 SF
Sold 08/18/2022
SOLD
Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M
519 Northeast 34th Street, Oakland Park, Florida 33334, United States
See Similar DealsIndustrial11,956 SF
Sold 08/18/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$192
Total Square Footage:11,956 SF
Transaction Type:Sale
Eitan Holder has purchased an industrial property located at 519 NE 34th Street in Oakland Park. The property was sold by Corey Schwartz from New Rock Partners. The transaction was facilitated by Josh Rosa from Metro 1 Commercial.
Summary of transation details
- Property Type: Industrial
- Address: 519 NE 34th St
- Market: Oakland Park
- Buyer: Eitan Holder
- Seller: Corey Schwartz - New Rock Partners
- Broker: Josh Rosa - Metro 1 Commercial
- Sale Price: $2,295,000
- Square Footage: 11,956
- Price per Square Foot: $192
For more off-market opportunities, you can reach out to Metro 1 Commercial directly at [email protected], [email protected], or [email protected].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,153.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,879.47
Annual Debt Service$130,553.65
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