Updated Dec 4, 2024
Chaim Cahane & Dov Tepper Acquire Industrial Property In Jacksonville From Jim Romeka
5225 Edgewood Court
$2,025,000
$73/SF
Building Size
27,660 SF
Asset Type
Industrial
Closing
Aug 28, 2023
About this deal
AI
Located at 5225 Edgewood Court in Jacksonville, this industrial property has been sold for $2,025,000. With a total square footage of 27,660, the property's price per square foot comes to $73. The off-market deal was closed by brokers Raul Pino and Pablo Vignolo of The Hype Real Estate Group.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,025,000
- Address: 5225 Edgewood Court, Jacksonville
- Square Footage: 27,660
- Price Per Square Foot: $73
- Buyer: Chaim Cahane & Dov Tepper
- Seller: Jim Romeka
- Brokers: Raul Pino & Pablo Vignolo - The Hype Real Estate Group
The buyer, Chaim Cahane, and Dov Tepper have acquired this industrial property from the seller, Jim Romeka. Raul Pino and Pablo Vignolo, representing The Hype Real Estate Group, successfully closed the off-market deal. For inquiries about their current off-market pipeline and potential collaborations, you can reach out to them at 786-503-5583 or 305-303-3837.
On the Map
$2,025,000
$73/SF
Industrial
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Players
Jacksonville 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
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93