Robert Danial Acquires Vacant Commercial Property In Miami, FL From Nickelli Lovaski Pierre For $2.3M
SOLD
Florida
See Similar DealsCommercial
Sold 10/12/2022
SOLD
Robert Danial Acquires Vacant Commercial Property In Miami, FL From Nickelli Lovaski Pierre For $2.3M
190 Northeast 71st Street, Miami, Florida 33138, United States
See Similar DealsCommercial
Sold 10/12/2022
Summary
FLORIDA
Asset Type:Commercial
Transaction Type:Sale
The vacant commercial property located at 190 NE 71st St in Miami, FL has been sold. The transaction took place on October 12, 2022.
Summary of transaction details
- Property Type: Vacant Commercial
- Transaction Amount: $2,314,128
- Address: 190 NE 71st St, Miami, FL
- Market: Miami, FL
The buyer of the property is Robert Danial, while the seller is Nickelli Lovaski Pierre.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$123,420.18
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,221.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,970.15
Annual Debt Service$131,641.77
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