Ariel Bentata Of Accesso Partners Acquires Industrial Property In Allapattah For $10.5M
1335 Northwest 21st Terrace, Miami, Florida 33142, United States
$10,500,000
$299/SF
Building Size
35,094 SF
Asset Type
Industrial
Closing
Jun 15, 2022
AI
An industrial property located at 1335 NW 21st Terrace in Allapattah, Miami has been sold for $10,500,000. The property spans a total of 35,094 square feet and was sold at a price per square foot of $299.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,500,000
- Address: 1335 NW 21st Terrace, Allapattah, Miami
- Market: Allapattah, Miami
The buyer of the property is Ariel Bentata from Accesso Partners, represented by Ted Konigsberg from Infinity Commercial Real Estate. The seller of the property is Robert Wennett. The buyer's representative is Ted Konigsberg from Infinity Commercial Real Estate, while the seller is represented by Joe Fernandez from DWNTWN Realty Advisors.
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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93