BEB Capital Provides $3.25M Acquisition Loan For Miami Industrial Property
6101 Northwest 74th Avenue
$3,250,000
$167/SF
Building Size
19,435 SF
Asset Type
Industrial
Closing
Jan 17, 2023
AI
The industrial property located at 6101 Northwest 74th Avenue in Miami has been involved in a recent loan transaction. The property spans approximately 19,435 square feet in size. The loan was provided by BEB Capital, with Sean Silverbrook, Keyvan Ghaytanchi, and Lee Brodsky representing the lender.
Summary of transaction details
- Property Type: Industrial
- Loan Amount: $3,250,000
- Loan Type: Acquisition Loan
Sean Silverbrook, Keyvan Ghaytanchi, and Lee Brodsky acted as representatives for BEB Capital in providing the loan for the property at 6101 Northwest 74th Avenue in Miami. The loan amount for this acquisition loan was $3,250,000.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93