Lucas Donantueno Acquires Industrial Property In Miami For $1.95M From Seller Babba Yesharim & Broker Virgilio Fernandez
1027 Northwest 36th Street, Miami, FL 33127
$1,950,000
$336/SF
Building Size
5,800 SF
Asset Type
Industrial
Closing
Jan 18, 2022
AI
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.
Players
Miami 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93