Jason Rubin Acquires Pompano Beach Warehouse For $4.95M
605 Northwest 31st Avenue, Pompano Beach, Florida 33069, United States
$4,952,520
$241/SF
Building Size
20,500 SF
Asset Type
Industrial
Closing
Jun 7, 2022
AI
The warehouse located at 601-605 NW 31st Ave in Pompano Beach, FL has been sold in a recent transaction. The property spans 20,500 square feet and was sold for a total price of $4,952,520. This equates to a price per square foot of $241.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $4,952,520
- Address: 601-605 NW 31st Ave, Pompano Beach, FL
- Market: Pompano Beach, FL
- Square Footage: 20,500
- Price per Square Foot: $241
The buyer in this transaction is Jason Rubin, while the seller is Issie Wiseman.
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
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93