Updated Jun 4, 2025
David Horowitz, Jordan Horowitz & Michael Horowitz Of Cooper Horowitz Secures $14.75M Construction Loan For Self Storage In Boynton Beach
$14,750,000
$142/SF
Building Size
103,350 SF
Asset Type
Self Storage
Closing
Jun 2, 2025
About this deal
AI
The asset involved in this transaction is a self-storage facility located in Boynton Beach, comprising a total square footage of 103,350. A construction loan was secured for an amount of $14,750,000 to facilitate the development of the property.
Summary of transation details:
- Property Type: Self Storage
- Transaction Amount: $14,750,000
- Loan Type: Construction
- Market: Boynton Beach
- Square Footage: 103,350
The individuals involved in this deal include Jordan Horowitz, Michael Horowitz, and David Horowitz, all of whom represent Cooper Horowitz in the transaction.
Players
Market Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
Loading comparables…
Deal FAQ
Visit Jordan Horowitz to view all their deals.
Browse Florida self storage loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.08%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93