Updated Oct 29, 2024
SWS Investments Acquires Industrial Property In Medley For $6.5M
9501 Northwest 106th Street, Medley, FL, USA
$6,500,000
$19/SF
Building Size
326,700 SF
Asset Type
Industrial
Closing
Feb 9, 2020
About this deal
AI
An industrial property located at 9501 Northwest 106th Street in Medley has been sold for $6,500,000. The property spans 326,700 square feet, resulting in a price per square foot of $19. The buyer, SWS Investments LLC, was represented by Juan C. Alvarez. The seller, Medley Enterprises, was represented by Joseph M. Jackson. The deal was facilitated by Freddy Diaz of Apex Capital Realty.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Square Footage: 326,700
- Price per Square Foot: $19
- Address: 9501 Northwest 106th Street
- Market: Medley
The buyer in this transaction, SWS Investments LLC, was represented by Juan C. Alvarez. On the seller's side, Medley Enterprises was represented by Joseph M. Jackson. Freddy Diaz from Apex Capital Realty facilitated the deal.
On the Map
$6,500,000
$19/SF
Industrial
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Medley 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93