Updated Oct 29, 2024
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
About this deal
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].
On the Map
$11,150,000
$212/SF
Industrial
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Players
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