KZ Capital LLC Acquires 10 Acres Of Land In Miami-Dade For $14.6M
13425 Northwest 182nd Street, Hialeah, Florida 33018, United States
$14,600,000
Building Size
—
Asset Type
—
Closing
Aug 10, 2022
About this deal
AI
Located in Miami-Dade, this 10-acre land parcel was recently sold for a total of $14,600,000. The property, situated at 13425 NW 182nd St. & 18201 NW 137th Ave, offers a prime investment opportunity in the area.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $14,600,000
- Market: Miami-Dade
- Address: 13425 NW 182nd St. & 18201 NW 137th Ave
- Acres: 10
KZ Capital LLC, a prominent buyer, successfully acquired this land parcel through the assistance of Martin Hoffman and MaryEllen Closius from The Keyes Company. Their expertise in the market and strong professional relationships played a crucial role in enabling this transaction.
Players
Hialeah CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93