Mindful Capital Group Acquires Industrial Property In Oakland Park For $4.3M
4120 NW 10th Ave, Oakland Park, FL 33309, USA
$4,300,000
$93/SF
Building Size
46,038 SF
Asset Type
Industrial
Closing
Sep 9, 2022
AI
The property asset involved in this transaction is an industrial asset located at 4120 NW 10th Ave, Oakland Park, FL. The sale price for this asset was $4,300,000, with a total square footage of 46,038, equating to a price per square foot of $93.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $4,300,000
- Buyer: Mindful Capital Group - Patrick Carney & Jeffrey Pechter
- Seller: Codisco, Inc. - Donald Bauerle
- Broker: David Wilson - Colliers
The key individuals involved in the transaction include Patrick Carney and Jeffrey Pechter representing the buyer, Mindful Capital Group, while Donald Bauerle represented the seller, Codisco, Inc. David Wilson brokered the deal for Colliers.
Players
Fort Lauderdale Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93