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3819 Northwest 49th Street

Paul Kuenzle Acquires Industrial Asset In Tamarac From Harvey Cohen For $3.96M
SOLDIndustrial

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

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.

Players

Kyle Retamar

Sutter & Nugent

Broker

$7.5M

vol

2 deals

Broker

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