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11100 Northwest 112th Court...

John Begier & Timothy E. Mckenna Acquire Miami Warehouse For $6.2M
SOLDIndustrial

John Begier & Timothy E. Mckenna Acquire Miami Warehouse For $6.2M

11100 Northwest 112th Court, Medley, Florida 33178, United States

$6,200,000

$563,636/SF

Building Size

11 SF

Asset Type

Industrial

Closing

Jun 5, 2022

AI

The warehouse located at 11100 NW 112th CT in Miami, FL has been sold in a recent transaction.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $6,200,000
  • Square Footage: 11,510 SF
  • Price per Square Foot: $538
  • Address: 11100 NW 112th CT, Miami, FL

John Begier and Timothy E. Mckenna have acquired the property from Ryan E. Mahoney.

Please note that no additional information is available regarding this transaction.

Players

John Begier

Seagis Property Group

Buyer

$519.9M

vol

9 deals

Buyer

Ryan E. Mahoney

Seller

$23.7M

vol

2 deals

Seller

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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93