Updated Dec 21, 2023
Todd Stock Acquires Warehouse In Miami, FL For $4.1M
Northeast 13th Court, Miami, Florida 33179, United States
$4,100,000
$324/SF
Building Size
12,633 SF
Asset Type
Industrial
Closing
Mar 28, 2022
About this deal
AI
Located at 12210 NE 13th CT in Miami, FL, this warehouse was recently sold in a transaction that closed on 03/29/2022. The property spans 12,633 square feet and was sold for a price of $4,100,000, resulting in a price per square foot of $324.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $4,100,000
- Address: 12210 NE 13th CT, Miami, FL
- Market: Miami, FL
- Buyer: Todd Stock
- Seller: Roderick J. Sintow
- Size: 12,633 square feet
- Price per Square Foot: $324
The buyer of this warehouse property, Todd Stock, closed the deal with the seller, Roderick J. Sintow. Both parties were represented by their respective brokers, whose names are not provided in the CONTEXT.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93