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Chaim Cahane & Dov Tepper Acquire Industrial Property In Jacksonville From Jim Romeka

Property Image
SOLD
$2,025,000
Raul Pino
+ 1

Florida

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Industrial27,660 SF
Sold 08/28/2023
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Property Image
SOLD

Chaim Cahane & Dov Tepper Acquire Industrial Property In Jacksonville From Jim Romeka

5225 Edgewood Court

See Similar Deals
Industrial27,660 SF
Sold 08/28/2023
Raul Pino
+ 1
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$73
Total Square Footage:27,660 SF
Transaction Type:Sale

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.

Players

Raul Pino
50 deals$344.4M volume
BROKER

Pablo Vignolo
The Hype Real Estate Group
43 deals$285.6M volume
BROKER


4 deals$26.2M volume
BUYER

Details

SOLD
IMAGE: Raul Pino & Pablo Vignolo DATE: 08/28/2023 ADDRESS: 5225 Edgewood Court MARKET: Jacksonville ASSET TYPE: Industrial BUYER: Chaim Cahane & Dov Tepper SELLER: Jim Romeka BROKERS: Raul Pino (@TheWolfofSouthfl) & Pablo Vignolo (@HypePabs) - The Hype Real Estate Group (@TheHypeRealEstateGroup) SALE PRICE: $2,025,000 SF: 27,660 ~ PPSF: $73 NOTE FROM BROKERS: We just closed on another off-market deal in Florida. Our team specializes in sourcing properties throughout the state of Florida and expanding into Texas and North Carolina. Reach out to us (@thehyperealestategroup) so we can go over our current off-market pipeline and close some deals together! We focus on industrial, retail, multifamily, and land. Feel free to reach out to us at 786-503-5583 or 305-303-3837.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$108,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,194.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,599.53
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