Bridge Investment Group Acquires Industrial Property In Miami Dade For $3.4M
SOLD
$3,400,000
Florida
See Similar DealsIndustrial15,468 SF
Sold 01/14/2022
SOLD
Bridge Investment Group Acquires Industrial Property In Miami Dade For $3.4M
10701 NW 107th Ct, Medley, Florida 33178, United States
See Similar DealsIndustrial15,468 SF
Sold 01/14/2022
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$219
Total Square Footage:15,468 SF
Transaction Type:Sale
The industrial property located at 10701 NW 107 Ct in Miami Dade has been sold in a closed transaction. The property spans a total of 15,468 square feet, with a price per square foot of $220. The sale took place on January 14, 2022, with a sale price of $3,400,000. The buyer of the property was Bridge Investment Group, while the seller was Joe Rego. The deal was facilitated by Alexander Bernaldo, SIOR of Americas Commercial Real Estate.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $3,400,000
- Square Footage: 15,468
- Price Per Square Foot: $220
- Buyer: Bridge Investment Group
- Seller: Joe Rego
- Broker: Alexander Bernaldo, SIOR - Americas Commercial Real Estate
The transaction involved key individuals and companies in the real estate market. Bridge Investment Group acted as the buyer, while Joe Rego served as the seller. Alexander Bernaldo, SIOR of Americas Commercial Real Estate represented the parties involved in the deal.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
Is there something missing? Send suggestions