Deborah Abernathy Acquires Manufacturing/Processing Facility In Deerfield Beach, FL For $59M
SOLD
$59,000,000
Florida
See Similar DealsOther12,796 SF
Sold 10/12/2022
SOLD
Deborah Abernathy Acquires Manufacturing/Processing Facility In Deerfield Beach, FL For $59M
2501 Northwest 48th Street, Deerfield Beach, Florida 33442, United States
See Similar DealsOther12,796 SF
Sold 10/12/2022
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$4,610
Total Square Footage:12,796 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,146,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$209,614.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$279,690.10
Annual Debt Service$3,356,281.20
Is there something missing? Send suggestions
