Flying Point Purchases Industrial Asset In Pompano Beach From Peter & Brian Zepsa For $4M
52 Southwest 5th Court
$4,000,000
$212/SF
Building Size
18,841 SF
Asset Type
Industrial
Closing
Apr 24, 2025
AI
The property asset involved in this transaction is an industrial asset located at 52 Southwest 5th Court, Pompano Beach. The transaction was conducted for a sale price of $4,000,000, with a total square footage of 18,841.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Address: 52 Southwest 5th Court
- Market: Pompano Beach
- Total Square Footage: 18,841
- Buyer: Flying Point – Sam Genet & Zach Sohn
- Seller: Peter & Brian Zepsa
- Brokers: Pablo Vignolo, Junior Ferrer & Raul Pino - The Hype Real Estate Group
This transaction highlights the successful brokerage involvement of Pablo Vignolo, Junior Ferrer, and Raul Pino, who represent The Hype Real Estate Group. The group has recently expanded its operations to New York City and continues to seek well-priced, value-add opportunities across Florida. Individual brokers involved in this transaction can be contacted at their respective email addresses, with Junior Ferrer at [email protected], Pablo Vignolo at [email protected], and Raul Pino at [email protected].
Players
Pompano Beach 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93