Deborah Abernathy Acquires Manufacturing/Processing Facility In Deerfield Beach, FL For $59M
2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States
$59,000,000
$4,610/SF
Building Size
12,796 SF
Asset Type
Other
Closing
Oct 11, 2022
About this deal
AI
The manufacturing/processing property located at 2501 NW 48th St in Deerfield Beach, FL, has been sold in a transaction that took place on October 12, 2022. The property spans a total area of 12,796 square feet.
Summary of transaction details:
- Property Type: Manufacturing/Processing
- Transaction Amount: $59,000,000
- Price per square foot: $4,610
The buyer of the property is Deborah Abernathy, while the seller is Michael Sullivan.
The other sale at 2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States in Deerfield Beach, Florida sold for $59M in 2022. The building is 12,796 square feet, implying about 4.6K per square foot on the published price. Named participants on the 2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States sale are Michael Sullivan. This page is the Deerfield Beach, Florida file for the 2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States other sold: pricing, party profiles, and other closed other comps from the same Deerfield Beach sit in the Market section below. Filter that Deerfield Beach other set by closing date to see what else sold near 2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States around 2022. Published consideration for 2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States is $59M, dated 2022. Cite this Deborah Abernathy Acquires Manufacturing/Processing Facility In Deerfield Beach, FL For $59M sale when underwriting similar other product around Deerfield Beach, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93