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100 118 Ne 21st St

Omni America Acquires Development Site From Rob Inson Industries In Miami For $4.5M
SOLDDevelopment Site

Omni America Acquires Development Site From Rob Inson Industries In Miami For $4.5M

100 118 Ne 21st St

$4,500,000

Building Size

Asset Type

Development Site

Closing

Jan 6, 2021

AI

The asset involved in this transaction is a development site located at 100 118 Ne 21st St in Miami. The property was sold for $4,500,000.00.

Summary of transaction details:

Key individuals in this transaction include the buyer, Omni America, and the seller, Rob Inson Industries. The brokers facilitating the deal were Sasha Berg and Zachary Fuchs, both from GFI Realty Services, along with Sylvia Spielman.

Players

Sasha Berg

GFI Realty Services

Broker

$69.3M

vol

11 deals

Broker
OA
Omni AmericaBuyer
RI
Rob Inson IndustriesSeller

Miami Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93