Victor Medina Of Servicore Group Acquires Industrial Warehouse In Medley For $5.4M
SOLD
$5,400,000
Florida
See Similar DealsIndustrial43,560 SF
Sold 04/27/2026
SOLD
Victor Medina Of Servicore Group Acquires Industrial Warehouse In Medley For $5.4M
9165 Northwest 96th Street
See Similar DealsIndustrial43,560 SF
Sold 04/27/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$124
Total Square Footage:43,560 SF
Transaction Type:Sale
The property involved in this transaction is an industrial warehouse located at 9165 Northwest 96th Street, within the Medley market. The asset has a total square footage of 17,650 and was sold for a price of $5,400,000, which equates to $305 per square foot.
Summary of transaction details:
- Property Type: Industrial Warehouse
- Transaction Amount: $5,400,000
- Sale Date: 04/27/2026
- Buyer: Victor Medina - Servicore Group
- Seller: Emilo J Remior, Felix J Robles & Marta Remior - Hybrid Properties and Roner Properties
- Seller's Representative: Danilo Aquino & Alexander Reyes - APEX Capital Realty
Victor Medina represents Servicore Group in this purchase, while the sellers are represented by Danilo Aquino and Alexander Reyes from APEX Capital Realty. The transaction reflects the collaborative efforts of both parties and their respective representatives in closing this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
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