Updated Oct 29, 2024
ASN & N Investment Group III LLC Acquires Industrial Property In Homestead For $2.15M
10 Southwest 9th Avenue
$2,150,000
$89/SF
Building Size
24,120 SF
Asset Type
Industrial
Closing
Mar 16, 2020
About this deal
AI
An industrial property located at 10 SW 9th Ave in Homestead has been sold for $2,150,000. The property spans 24,120 square feet and was sold at a price of $89 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,150,000
- Address: 10 SW 9th Ave, Homestead
- Market: Homestead
- Square Footage: 24,120
- Price per Square Foot: $89
The buyer, Asn & N Investment Group Iii LLC, represented by Anayat Hussaini, acquired the property from the seller, South Dade Properties Inc, represented by Dora Piccini.
Players
Homestead Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93