facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

610 SW 12th Ave, Pompano Be...

Eliyahu Aloush Of Fast Lane Capital Acquires Industrial Property In Pompano Beach For $4.75M
SOLDIndustrial

Eliyahu Aloush Of Fast Lane Capital Acquires Industrial Property In Pompano Beach For $4.75M

610 SW 12th Ave, Pompano Beach, Florida 33069, United States

$4,750,000

$154/SF

Building Size

30,666 SF

Asset Type

Industrial

Closing

Jul 31, 2022

AI

The industrial property located at 610-620 SW 12th Ave in Pompano Beach has been sold for a price of $4,750,000. The property covers a total area of 30,666 square feet, resulting in a price per square foot of $155. The transaction took place on 08/01/2022.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $4,750,000
  • Square Footage: 30,666
  • Price Per Square Foot: $155
  • Address: 610-620 SW 12th Ave, Pompano Beach
  • Market: Pompano Beach

The buyer of the property is Eliyahu Aloush, representing Fast Lane Capital. The seller is Jan Tuchman, who sold the property through the Tuchman Family Trust. Eliyahu Aloush was advised by Tatiana Escobar and Paola Chapman from APEX Capital Realty, while Adriano Salucci, Felipe Escobar, and Miguel Pinto, also from APEX Capital Realty, represented Jan Tuchman in the transaction.

Players

Miguel Pinto

APEX Capital Realty

Broker

$330.5M

vol

50 deals

Broker

Eliyahu Aloush

Fast Lane Capital

Buyer

$25.1M

vol

6 deals

Buyer

Jan Tuchman

Tuchman Family Trust

Seller

$4.8M

vol

2 deals

Seller

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93