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12940 Northwest 27th Avenue...

Ryan Hanks Acquires Automotive Property In Opa Locka, FL From David Cloran For $3.8M
SOLDOther

Ryan Hanks Acquires Automotive Property In Opa Locka, FL From David Cloran For $3.8M

12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States

$3,800,000

$3,714/SF

Building Size

1,023 SF

Asset Type

Other

Closing

Apr 25, 2022

AI

A automotive property located at 12940 NW 27th Ave in Opa Locka, FL has been sold for $3,800,000. The property spans across 1,023 square feet and was sold at a price per square foot of $3,715.

Summary of transaction details

  • Property Type: Automotive
  • Transaction Amount: $3,800,000
  • Address: 12940 NW 27th Ave, Opa Locka, FL
  • Square Footage: 1,023
  • Price per Square Foot: $3,715
  • Market: Opa Locka, FL

Ryan Hanks has bought the property from David Cloran for the aforementioned price.

Players

Ryan Hanks

Madison Capital Group

Broker

$284.2M

vol

7 deals

Broker

Ryan Hanks

Buyer

$284.2M

vol

7 deals

Buyer

Opa Locka Other Market Snapshot

Boundary boundary · Other · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93