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14000 SW 140th St Miami, FL...

COFE Properties Acquires Industrial Property In Miami For $11.15M
SOLDIndustrial

COFE Properties Acquires Industrial Property In Miami For $11.15M

14000 SW 140th St Miami, FL 33186, USA

$11,150,000

$212/SF

Building Size

52,456 SF

Asset Type

Industrial

Closing

Sep 1, 2023

AI

An industrial property located at 14000 Southwest 140th Street in Miami has been sold for a price of $11,150,000. The property spans a total of 52,456 square feet, resulting in a price per square foot of $213. The transaction took place between the buyer, COFE Properties, and the seller, Red Dot Builders - Dennis Peel.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $11,150,000
  • Address: 14000 Southwest 140th Street
  • Market: Miami

The buyer was represented by Jose Sasson Lerner, Roberto Susi, and Eli Sasson Bril from AXIOM Capital Advisors, while the seller's representatives were Miguel Pinto, Adriano Salucci, and Nick Hernandez from Apex Capital Realty.

For further information or inquiries regarding off-market transactions, interested parties can reach out to Eli Sasson at 786-252-7223 or [email protected], or Jose Sasson at 786-393-8089 or [email protected].

Players

Jose Sasson Lerner

AXIOM Capital Advisors

Broker

$878.8M

vol

78 deals

Broker
CP
COFE PropertiesBuyer

Dennis Peel

Red Dot Builders

Seller

$22.3M

vol

2 deals

Seller

Market 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

1.42%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93