Updated Dec 23, 2024
Industrial Property In Pompano Beach Sold For $6.15M With Brokers Roberto Susi And Jeremy Sebbagh
1660 Southwest 13th Court
$6,150,000
$48/SF
Building Size
127,225 SF
Asset Type
Industrial
Closing
Dec 16, 2024
About this deal
AI
The property involved in this transaction is an industrial asset located at 1660 Southwest 13th Court in Pompano Beach. The sale price was $6,150,000, and it encompasses a total of 127,225 square feet, resulting in a price per square foot of $48.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,150,000
- Address: 1660 Southwest 13th Court
- Market: Pompano Beach
- Total Square Footage: 127,225
- Price per Square Foot: $48
The brokers representing the transaction included Roberto Susi and Jose Sasson Lerner from AXIOM Capital Advisors, as well as Jeremy Sebbagh from Beachfront Realty. Their roles were pivotal in the completion of this industrial property sale.
On the Map
$6,150,000
$48/SF
Industrial
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Players
Pompano Beach 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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93