SOLDOther
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
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.
Players
Deerfield Beach Other Market Snapshot
Boundary boundary · Other · Sale transactions
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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