Bomnin Automotive Group Acquires 5-Acre Land In Kendall, Miami For $7.2M
16435 Southwest 117th Avenue, Miami, Florida 33177, United States
$7,200,000
Building Size
—
Asset Type
—
Closing
Mar 28, 2022
About this deal
AI
The property involved in this closed transaction is a land located at 16435 Southwest 117th Avenue in Kendall, Miami. The land spans approximately 5 acres.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $7,200,000
- Market: Kendall, Miami
The buyer in this transaction is Bomnin Automotive Group represented by Arnaldo & Yanisley Bomnin. The seller is Calvary Church Ministries. The lender involved in this deal is Americredit Financial Services.
It's important to note that no additional details were provided regarding this transaction.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93