Updated Dec 23, 2024
Paul Kuenzle Acquires Industrial Asset In Tamarac From Harvey Cohen For $3.96M
3819 Northwest 49th Street
$3,960,000
$250/SF
Building Size
15,840 SF
Asset Type
Industrial
Closing
Dec 19, 2024
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 3819 Northwest 49th Street in the Tamarac market. The sale price for this asset was $3,960,000, with a total square footage of 15,840 and a price per square foot of $250.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,960,000
- Address: 3819 Northwest 49th Street
- Market: Tamarac
- Square Feet: 15,840
- Price Per Square Foot: $250
- Buyer: Paul Kuenzle
- Seller: Harvey Cohen
- Brokers: Kyle Retamar & Blake Rayner - Sutter & Nugent
This deal involved key individuals, including the buyer, Paul Kuenzle, and the seller, Harvey Cohen. The transaction was represented by brokers Kyle Retamar and Blake Rayner from Sutter & Nugent, who facilitated the closing of this industrial property deal.
On the Map
$3,960,000
$250/SF
Industrial
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Players
Tamarac 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
4.01%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93