CareRite Centers Acquires Medical Facility In Miami From Del Sol Realty Holdings LLC For $35M
9869 Southwest 152nd Street, Miami, FL 33157, USA
$35,000,000
$556/SF
Building Size
62,867 SF
Asset Type
—
Closing
Jul 19, 2020
About this deal
AI
A medical facility located at 9869 SW 152nd St. in Miami was recently sold for $35,000,000. The property offers 180 beds, resulting in a price per bed of $194,444. Situated on 5.9 acres, the facility has an average price per acre of $5,932,203.
Summary of transation details
- Property Type: Medical Facility
- Transaction Amount: $35,000,000
- Address: 9869 SW 152nd St.
- Market: Miami
- Beds: 180
- Price per Bed: $194,444
- Acres: 5.9
- Price per Acre: $5,932,203
CareRite Centers purchased the medical facility from Del Sol Realty Holdings LLC in this transaction.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93