ARCCA Group Acquires Development Site At 8261 La Rampa Street For $4.7M From Avi & Rachel Kaufman
SOLD
$4,700,000
Florida
See Similar DealsDevelopment Site
Sold 01/31/2026
SOLD
ARCCA Group Acquires Development Site At 8261 La Rampa Street For $4.7M From Avi & Rachel Kaufman
8261 La Rampa Street
See Similar DealsDevelopment Site
Sold 01/31/2026
Summary
FLORIDA
Asset Type:Development Site
Transaction Type:Sale
The asset involved in this transaction is a development site located at 8261 La Rampa Street in the Coral Gables market. The asking price was set at $5,200,000, while the sale price ultimately finalized at $4,700,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,700,000
- Address: 8261 La Rampa Street
- Market: Coral Gables
- Seller's Representative: Ali Seid - Compass
- Buyer: ARCCA Group
Ali Seid represented the seller in this transaction, facilitating the sale on behalf of the property owner. The buyer, ARCCA Group, engaged in this transaction without further representation details mentioned.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$250,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,698.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,280.40
Annual Debt Service$267,364.77
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