SOLDIndustrial
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
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
Players
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