Updated Oct 28, 2024
Ludwin Leguizamon Acquires Airport West Industrial Property For $5.15M
1375 Northwest 89th Court, Doral, FL, USA
$5,150,000
$283/SF
Building Size
18,152 SF
Asset Type
Industrial
Closing
Nov 22, 2021
About this deal
AI
The industrial property located at 1375 NW 89th Court in Airport West, Doral has been sold for a price of $5,150,000. The property has a total square footage of 18,152 and a price per square foot of $284. The transaction took place on November 22, 2021. The buyer is Ludwin Leguizamon, while the seller is the Mandich Group.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,150,000
- Square Footage: 18,152
- Price per Square Foot: $284
- Date: November 22, 2021
- Buyer: Ludwin Leguizamon
- Seller: Mandich Group
Andrew Fernandez and Nicolas Palazzo, representing the Miami Industrial Team at CBRE, acted as the buyer's representatives in this deal.
On the Map
$5,150,000
$283/SF
Industrial
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Players
Doral 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93