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Elizabeth Gardens Of Miami Acquires Property In Miami For $12.4 Million With Buyer's Rep Jim Dockerty

Property Image
SOLD
$12,400,000

Florida

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SOLD

Elizabeth Gardens Of Miami Acquires Property In Miami For $12.4 Million With Buyer's Rep Jim Dockerty

8400 NW 25th Ave, Miami, FL, 33147

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Summary

FLORIDA
Transaction Type:Sale

This transaction involves a property located at 8400 NW 25th Ave, Miami, FL, 33147. The property has been sold for a total of $12,400,000.00. The market where this property belongs is Miami, and it encompasses an area of 0 square feet.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $12,400,000.00
  • Address: 8400 NW 25th Ave, Miami, FL, 33147
  • Market: Miami
  • Buyer: Elizabeth Gardens of Miami
  • Buyer's Rep: James "Jim" Dockerty-JLL
  • Seller: Not specified

The transaction features Elizabeth Gardens of Miami as the buyer, represented by James "Jim" Dockerty from JLL. The seller's identity has not been disclosed in the context of this transaction.

Players

James "Jim" Dockerty
3 deals$159.8M volume
BROKER

BUYER

Details

SOLD
IMAGE: 8400 NW 25th Ave, Miami, FL, 33147 MARKET: Miami BUYER'S REP: James "Jim" Dockerty - JLL BUYER: Elizabeth Gardens of Miami SELLER: PRICE: $12,400,000.00 SF: 0

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$44,054.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,782.33
Annual Debt Service$705,387.91