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
$12,400,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
AI
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
Miami 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
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93