1100 NW 163rd Dr In Miami Sold For $3.2M By Aina Holdings To 1100 BM Investments
1100 Northwest 163rd Drive, Miami, FL 33169, USA
$3,200,000
$137/SF
Building Size
23,331 SF
Asset Type
Industrial
Closing
Jun 25, 2020
AI
An industrial property located at 1100 NW 163rd Dr in Miami has been sold in a recent transaction. The property spans across an area of 23,331 square feet and has been sold for a price of $3,200,000, with a price per square foot of $137. The sale took place on June 25, 2021, involving the buyer, 1100 BM Investments, and the seller, Aina Holdings.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,200,000
- Address: 1100 NW 163rd Dr, Miami
- Date: June 25, 2021
- Market: Miami
The deal was facilitated by the brokers involved in the transaction. Edison Vasquez, Patrick McBride, Chris Spear, and Michaela Senior represented the buyer and seller in the sale of the industrial property.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93