Updated Dec 4, 2024
Orlando Cicilia Purchases Industrial Property In Plantation For $6.3M
6600 Northwest 16th Street
$6,300,000
$190/SF
Building Size
33,000 SF
Asset Type
Industrial
Closing
Apr 16, 2024
About this deal
AI
The industrial property located at 6600 Northwest 16th Street in Plantation was recently sold for $6,300,000. Spanning 33,000 square feet, the property was sold at a price per square foot of $191.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $6,300,000
- Buyer: Orlando Cicilia
- Seller: Chaim Cahane & Dov Tepper
- Address: 6600 Northwest 16th Street, Plantation
- Market: Plantation
The industrial sale at 6600 Northwest 16th Street in Plantation, Florida sold for $6.3M in 2024. The building is 33,000 square feet, implying about 190 per square foot on the published price. This page is the Plantation, Florida file for the 6600 Northwest 16th Street industrial sold: pricing, party profiles, and other closed industrial comps from the same Plantation sit in the Market section below. Filter that Plantation industrial set by closing date to see what else sold near 6600 Northwest 16th Street around 2024. Published consideration for 6600 Northwest 16th Street is $6.3M, dated 2024. Cite this Orlando Cicilia Purchases Industrial Property In Plantation For $6.3M sale when underwriting similar industrial product around Plantation, Florida.
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Plantation 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93