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3060 West 2nd Avenue, Hiale...

Sylvain Argy Acquires Manufacturing/Processing Property In Fort Lauderdale, FL For $14.85M
SOLDOther

Sylvain Argy Acquires Manufacturing/Processing Property In Fort Lauderdale, FL For $14.85M

3060 West 2nd Avenue, Hialeah, Florida 33012, United States

$14,850,000

$336/SF

Building Size

44,176 SF

Asset Type

Other

Closing

Apr 5, 1922

AI

A manufacturing/processing property located at 3060 W 2nd Ave in Fort Lauderdale, FL was recently sold for $14,850,000. The property spans 44,176 square feet, resulting in a price per square foot of $336.

Summary of transaction details

  • Property Type: Manufacturing/Processing
  • Transaction Amount: $14,850,000
  • Square Feet: 44,176
  • Price per Square Foot: $336
  • Address: 3060 W 2nd Ave, Fort Lauderdale, FL
  • Market: Fort Lauderdale, FL

The buyer of the property is Sylvain Argy, while the seller is Brian Neff.

Players

Brian Neff

Seller

$45.7M

vol

3 deals

Seller

Hialeah 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

1.07%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93