Updated Dec 19, 2023
Maria G Menzel Acquires Vacant Commercial Property In Miami For $2.6M
346 NE 27th St, Miami, Florida 33137, United States
$2,604,803
Building Size
—
Asset Type
Commercial
Closing
Oct 20, 2022
About this deal
AI
The vacant commercial property located at 346 NE 27th St in Miami, FL has been sold in a recent transaction. The sale took place on October 21, 2022, for a total price of $2,604,803. The property is situated in the market of Miami, FL.
Summary of transaction details:
- Property Type: Vacant Commercial
- Transaction Amount: $2,604,803
- Address: 346 NE 27th St, Miami, FL
- Market: Miami, FL
The buyer of the property is Maria G Menzel, while the seller is Juan Carlos Cachoua. Both parties were represented by their respective brokers or representatives during the transaction.
Players
Miami Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida commercial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.09%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93