Emilio Lamanna, Sabatino Lamanna & Mary J. Lamanna Acquires Automotive Property In Opa Locka, FL For $15M
16770 Northwest 37th Avenue, Opa Locka, Florida 33056, United States
$15,000,000
$4,088/SF
Building Size
3,669 SF
Asset Type
Retail
Closing
Jun 29, 2022
About this deal
AI
The automotive property located at 16770 NW 37th Ave in Opa Locka, FL has been sold for $15,000,000. The property spans a total square footage of 3,669, resulting in a price per square foot of $4,088.
Summary of transaction details
- Property Type: Automotive
- Transaction Amount: $15,000,000
- Address: 16770 NW 37th Ave, Opa Locka, FL
- Market: Opa Locka, FL
- Square Footage: 3,669
The buyer of the property is Emilio Lamanna, Sabatino Lamanna, and Mary J. Lamanna, while the seller is Valentina Georgescu.
Players
Opa Locka Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93