Updated Sep 5, 2024
Juan Caycedo Acquires Industrial Property In Davie For $4.2M
7000 Southwest 22nd Court
$4,200,000
$218/SF
Building Size
19,248 SF
Asset Type
Industrial
Closing
Jul 21, 2022
About this deal
AI
An industrial property located at 7000 SW 22nd Ct in Davie has been sold for $4,200,000. The property spans 19,248 square feet, resulting in a price per square foot of $218. The transaction took place on July 21, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Address: 7000 SW 22nd Ct, Davie
- Market: Davie
- Square Footage: 19,248
- Price per Square Foot: $218
The buyer of the property is Juan Caycedo, while the sellers are Noel & Betty Alston. The deal was facilitated by Zach Levine, Tyler Kuhlman, and Douglas Mandel from Marcus & Millichap.
Players
Fort Lauderdale 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93