Oniel Samuel Of Last Mile Acquisitions Purchases Industrial Property In Oakland Park For $2.9M
SOLD
$2,900,000
Florida
See Similar DealsIndustrial14,854 SF
Sold 11/04/2025
SOLD
Oniel Samuel Of Last Mile Acquisitions Purchases Industrial Property In Oakland Park For $2.9M
Northeast 7th Avenue
See Similar DealsIndustrial14,854 SF
Sold 11/04/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$195
Total Square Footage:14,854 SF
Transaction Type:Sale
The industrial property located at 4270–4278 NE 7 Avenue & 4282–4300 NE 7 Avenue in Oakland Park was sold for $2,900,000. The asset comprises a total of 14,854 square feet, reflecting a price per square foot of $195.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Buyer: Oniel Samuel - Last Mile Acquisitions
- Seller: Nohum Labkowski, Mendi Labkowski & Zalmy Shapiro - 4284 Oakland Partners
- Brokers: Yoni Sunshine & Jason Abitbol - APEX Capital Realty
Yoni Sunshine and Jason Abitbol of Apex Capital Realty represented both sides of the transaction, having sourced this exclusive off-market opportunity and procured the buyer. Their team specializes in off-market industrial transactions throughout Florida.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
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