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10910 Southwest 124th Stree...

Updated Dec 21, 2023

Taylor Glazer Acquires Vacant Industrial Property In Miami For $2.85M
SOLDIndustrial

Taylor Glazer Acquires Vacant Industrial Property In Miami For $2.85M

10910 Southwest 124th Street, Miami, Florida 33176, United States

$2,850,000

Building Size

Asset Type

Industrial

Closing

Jun 23, 2022

About this deal

AI

A vacant industrial property located at 10910 NW 124th St in Miami, FL was recently sold. The transaction took place on June 24, 2022, with a sale price of $2,850,000. The property is situated in a thriving market and offers great potential for industrial use.

Summary of transaction details

  • Property Type: Vacant Industrial
  • Transaction Amount: $2,850,000
  • Address: 10910 NW 124th St, Miami, FL
  • Market: Miami, FL

The buyer for this vacant industrial property is Taylor Glazer, while the seller is Marc Holbik. Both parties successfully negotiated the transaction, resulting in the sale of the property.

Players

Kendall 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

5.57%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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