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9590 NW 25th St, Miami, FL,...

9590 NW 25th St
SOLD

9590 NW 25th St

9590 NW 25th St, Miami, FL, 33172

$5,600,000

$193/SF

Building Size

29,000 SF

Asset Type

Closing

Nov 19, 2023

AI

The property asset involved in the transaction is located at 9590 NW 25th St, Miami, FL, 33172 in the Doral market. It encompasses a total area of 29,000 square feet and was sold for $5,600,000.00.

Summary of transaction details:

This transaction involved key parties including Church of Jesus Christ the Almighty, Inc as the buyer and Granite Capital Investments as the seller. The representatives for the buyer were Diego Jonathan Aguero from Florida Real Estate Experts, while the seller had multiple representatives: Brian Cabielles and Frank Trelles from State Street Realty along with George Pino.

Players

Frank Trelles

Vivo Real Estate Group

Broker

$104.8M

vol

41 deals

Broker

Doral 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

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93