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Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000

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SOLD
$3,175,000

Florida

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Sold 01/14/2022
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Property Image
SOLD

Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000

7761 Northwest 7th Street, Miami, Florida 33126, United States

See Similar Deals
Sold 01/14/2022
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Summary

FLORIDA
Transaction Type:Sale

The other vacant property located at 7761 NW 7th Ave in Miami, FL has been sold on January 14, 2022. The property was purchased by Andrew Carton for a total price of $3,175,000. The seller of the property was Jose A. Sbarra.

Summary of transaction details

  • Property Type: Other Vacant
  • Transaction Amount: $3,175,000
  • Address: 7761 NW 7th Ave, Miami, FL
  • Market: Miami, FL

This transaction was facilitated by Jose A. Sbarra's representative.

Players

4 deals$20.9M volume
BUYER

2 deals$6.4M volume
SELLER

Details

SOLD
IMAGE: 01/14/2022 ADDRESS: 7761 Nw 7th Ave MARKET: Miami, FL ASSET TYPE: Other Vacant BUYER: Andrew Carton SELLER: Jose A. Sbarra PRICE: $3,175,000

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$169,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,280.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,051.12
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