Lucas Donantueno Acquires Industrial Property In Miami For $1.95M From Seller Babba Yesharim & Broker Virgilio Fernandez
SOLD
$1,950,000
Florida
See Similar DealsIndustrial5,800 SF
Sold 01/18/2022
SOLD
Lucas Donantueno Acquires Industrial Property In Miami For $1.95M From Seller Babba Yesharim & Broker Virgilio Fernandez
1027 Northwest 36th Street, Miami, FL 33127
See Similar DealsIndustrial5,800 SF
Sold 01/18/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$336
Total Square Footage:5,800 SF
Transaction Type:Sale
Two industrial properties located at 1027 & 1035 NW 36th Street in Miami have been sold for a total price of $1,950,000. The properties span a total of 5,800 square feet, resulting in a price per square foot of $336. The transaction took place on January 18, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,950,000
- Square Footage: 5,800
- Price per Square Foot: $336
- Address: 1027 & 1035 NW 36th Street, Miami
The buyer of the properties is Lucas Donantueno, while the seller is Babba Yesharim. The transaction was facilitated by Virgilio Fernandez of Colliers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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