Zenith IOS Acquires Industrial Property In Medley For $9.1M With Buyer's Rep Jose Sasson & Seller's Rep Lee Katsikos
8230 Northwest 80th Street, Medley, Florida 33166, United States
$9,100,000
$69/SF
Building Size
130,947 SF
Asset Type
Industrial
Closing
Jun 26, 2022
AI
Located in Medley, the industrial property at 8230 NW 80th St has been sold for a price of $9,100,000. The property spans an area of 130,947 square feet and was purchased by Zenith IOS, represented by Ben Atkins. The seller, Carlos C. Lopez, was represented by Lee Katsikos of The Katsikos Group. The sale took place on 06/27/2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $9,100,000
- Address: 8230 NW 80th St
- Market: Medley
- Buyer: Zenith IOS - Ben Atkins
- Seller: Carlos C. Lopez
- Buyer's Rep: Jose Sasson - Axiom Capital Advisors
- Seller's Rep: Lee Katsikos - The Katsikos Group
José Sasson from Axiom Capital Advisors provided representation for the buyer, while Lee Katsikos from The Katsikos Group represented the seller in this transaction. For future opportunities or information on off-market transactions, interested parties can contact José Sasson at 786-393-8089 or [email protected].
Players
Medley 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
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93